On October 29, D.R. Horton (DHI) increased its dividend by 11.11%, from 45¢ to 50¢ per share.
The dividend is payable on November 19 to shareholders of record on November 12.
DHI's contribution to DivGro's projected annual dividend income will increase by $20 to $200.
Created by the author
I own 100 shares of DHI at an average cost basis of $126.97/share. After this increase, my yield on cost is 1.58%, while the stock's forward yield is 1.36% at $146.53/share.
Since I opened my position in February 2025, the stock has delivered a 17% total return, including dividends of $242. That's a splendid annualized rate of return of 10.7%!
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $0.825 | $0.925 | $1.050 | $1.300 | $1.650 | ⬆ | $1.850✝ |
| 13.79% | 12.12% | 13.51% | 23.81% | 26.92% | ⬇ | 12.12% |
| 5-year DGR: | 17.88% | ⬇ | 17.53% | |||
✝projected, assuming no further changes
Created by the author
On my 9-factor quality model, DHI scores 7.08, placing it in the High Quality band. Simply Safe Dividends rates DHI's dividend Very Safe at 85, the top tier of their five-band scale. The Seeking Alpha grade of D+, however, signals durability concerns for DHI's payout.
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