KB Home (NYSE:KBH) is continuing to build on its foundation of dividends. The company has declared a common stock distribution of $0.025 per share for its Q4. This will be paid on November 21 to shareholders of record as of November 7. That amount matches each of the builder's six previous distributions, the most recent of which was paid in August. Prior to that, KB Home was more generous, handing out $0.0625 per share.
The company is a steady and reliable dividend payer. It has handed out a distribution in every quarter since December 1986.
The just-declared disbursement annualizes to $0.10 per share. That yields 0.6% at KB Home's most recent closing stock price of $16.63.
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