KB Home raises quarterly cash dividend to 9 cents a share from 2.50

KB Home said Monday its board has approved an increase in its quarterly cash dividend to 9 cents a share from 2.50. The new dividend will be payable Aug. 16 to shareholder of record as of Aug. 1. Shares were slightly lower premarket, but have gained 38% in 2019, while the S&P 500 has gained 20%.

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