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Lennar Corp. (NASDAQ:LEN.B) declared a quarterly dividend on Wednesday, June 25th, American Banking & Market News reports. Investors of record on Thursday, July 10th will be given a dividend of 0.04 per share on Thursday, July 24th. This represents a $0.16 dividend on an annualized basis and a yield of Infinity.

Lennar Corporation is a homebuilder and a provider of financial services. The Company, through its Rialto Investments (NASDAQ:LEN) segment, is an investor in distressed real estate assets.

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