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0 -0.00345849802371543 -0.00741106719367599 -0.00148221343873523 0.00790513833992096 -0.0266798418972333 -0.0331027667984191 -0.0326086956521739
Stock impact report

KB Home Declares Second-Quarter Cash Dividend [Yahoo! Finance News]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
KB Home KBHKB Home said its board of directors approved the quarterly cash dividend which will be payable on May 21, 2020 to stockholders of record on May 7, 2020. The annual yield on the dividend is 1.6%.At the end of March, KB Home reported first-quarter net income of $59.7 million, or 63 cents a share, and up from $30 million, or 31 cents a share, in the year-ago period. Revenue increased to $1.08 billion from $811.5 million in the year-ago period. Analysts had estimated earnings of 45 cents a share on revenue of $957.7 million.In addition, KB Home said that it was withdrawing its 2020 guidance due to the uncertainty induced by the COVID-19 pandemic.“While our performance in the first quarter was strong, with underlying market conditions that were robust, these results preceded the COVID-19 pandemic declaration, and we are now taking actions to adjust our business in this period of uncertainty,” said Jeffrey Mezger, KB Home’s Chairman, President and Chief Executive Officer. “KB Hom Show less Read more
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