Dividend Growth of PulteGroup, Inc.(PHM)

PulteGroup(PHM) is having a Dividend Yield of 1.66% with the Annual cash Dividend per share of $0.36. The last quarter cash dividend per share pay out was $0.09. PulteGroup has a 5 year average dividend yield of 1.02% and the stock has a Indicated annual dividend of $0.36. PulteGroup(PHM) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.09. The new indicated annual dividend based on announced dividend per share is $0.36. The dividend yield based on the forward looking indicated annual dividend is 1.66%. PulteGroup(PHM) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of 0.15. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.06. The 5 year historical dividend growth of PulteGroup(PHM) is at the rate of 26.18% while the R-Squared dividend growth is 0.81. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

PulteGroup, Inc. (NYSE:PHM) witnessed a decline in the market cap on Thursday as its shares dropped 1.34% or 0.29 points. After the session commenced at $21.61, the stock reached the higher end at $21.75 while it hit a low of $21.32. With the volume soaring to 3,727,220 shares, the last trade was called at $21.34. The company has a 52-week high of $22.4. The company has a market cap of $6,783 million and there are 317,833,860 shares in outstanding. The 52-week low of the share price is $16.01. PulteGroup, Inc. has dropped 0.28% in the last five trading days, however, the shares have posted positive gains of 11.09% in the last 4 weeks. PulteGroup, Inc. is up 14.91% in the last 3-month period. Year-to-Date the stock performance stands at 16.1%.

Currently the company Insiders own 1.83% of PulteGroup, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.76% . Institutional Investors own 88.78% of PulteGroup, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -18.76%. Company has reported several Insider transactions to the SEC, on Feb 13, 2017, James R Ellinghausen (Exec. Vice President-HR) sold 26,186 shares at 21.42 per share price.On Feb 7, 2017, Steven M Cook (EVP, Ch. Legal Ofcr, Corp Secy) sold 20,000 shares at 21.33 per share price.On Feb 1, 2017, Harmon D Smith (EVP & Chief Operating Officer) sold 48,010 shares at 21.40 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by FBR & Co. on Feb 14, 2017 to Outperform, Raises Price Target to $ 26 from a previous price target of $23 .PulteGroup was Upgraded by BofA/Merrill to Buy on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 24 from a previous price target of $22 .PulteGroup was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $21.

PulteGroup Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.59. The company had revenue of $2493.08 million for the quarter, compared to analysts expectations of $2329.82 million. The companys revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Pulte Corporation is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses. The companys significant subsidiaries include Pulte Financial Companies, Inc., Pulte Diversified Companies, Inc., and other subsidiaries which are engaged in the homebuilding business.


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