D.R. Horton Inc

NYSE : DHI
USA·Consumer Cyclical·Homebuilding & Construction
$139.39
−4.00 (−2.65%)Oct 16 close
Market Cap
$40.38B
Enterprise Value
$46.07B
P/E (TTM)
13.26
P/B
1.64
Net Cash / (Debt)
−$5.11B
52-Week Range
$132 — $168
5-Year Range
$61 — $197
Avg Volume (3M)
2.39M
Dividend Yield (TTM)
1.29%
vs 5Y avg 0.99% · 10Y avg 1.05%
Dividend Yield (Forward)
1.29%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.80
Forward (annualized): $1.80
Payout Ratio (EPS, TTM)
16.7%
Payout Ratio (FCF, TTM)
16.2%
Dividend CAGR (3Y / 5Y / 10Y)
3Y21.3%5Y17.9%10Y20.0%
Consecutive Growth Years
12
as of 2025
Years Without a Cut
12
as of 2025
Total Shareholder Yield (TTM)
8.45%
Div 1.23% + Net buyback 7.22%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
8.4%
Dividends 1.2% + Net buybacks 7.2%
Net Buyback (TTM)
$2.97B
Gross $2.97B − Issuance $0
SBC (TTM)
$137M
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is accelerating (26.9% latest vs 16.5% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20251.65+26.9%1
20241.30+23.8%1
20231.05+13.5%1
20220.925+12.1%1
20210.825+13.8%1
20200.725+16.0%1
20190.625+19.0%1
20180.525+23.5%1
20170.425+25.0%1
20160.34+27.1%1
20150.2675+33.7%1
20140.20—1
20120.150.0%0
20110.150.0%0
20100.150.0%0

Special dividends are excluded from these figures. Based on 115 regular payments.

Payment history (116 payments · 1 special)

As declaredΔ%TypeFrequencyDeclarationRecordPay date
2026-08-06$0.45–0.0%Cashquarterly2026-07-212026-08-062026-08-13
2026-05-07$0.45–0.0%Cashquarterly2026-04-212026-05-072026-05-14
2026-02-05$0.45–0.0%Cashquarterly2026-01-202026-02-052026-02-12
2025-11-13$0.45–+12.5%Cashquarterly2025-10-282025-11-132025-11-20
2025-08-07$0.4–0.0%Cashquarterly2025-07-222025-08-072025-08-14
2025-05-02$0.4–0.0%Cashquarterly2025-04-172025-05-022025-05-09
2025-02-07$0.4–0.0%Cashquarterly2025-01-212025-02-072025-02-14
2024-11-12$0.4–+33.3%Cashquarterly2024-10-292024-11-122024-11-19
2024-08-01$0.3–0.0%Cashquarterly2024-07-182024-08-012024-08-08
2024-05-01$0.3–0.0%Cashquarterly2024-04-182024-05-022024-05-09
2024-02-05$0.3–0.0%Cashquarterly2024-01-232024-02-062024-02-13
2023-11-20$0.3–+20.0%Cashquarterly2023-11-072023-11-212023-11-28
2023-08-04$0.25–0.0%Cashquarterly2023-07-202023-08-072023-08-14
2023-05-02$0.25–0.0%Cashquarterly2023-04-202023-05-032023-05-10
2023-02-06$0.25–0.0%Cashquarterly2023-01-242023-02-072023-02-14
2022-12-01$0.25–+11.1%Cashquarterly2022-11-092022-12-022022-12-12
2022-08-03$0.225–0.0%Cashquarterly2022-07-212022-08-042022-08-11
2022-05-06$0.225–0.0%Cashquarterly2022-04-262022-05-092022-05-18
2022-02-16$0.225–0.0%Cashquarterly2022-02-022022-02-172022-02-25
2021-12-03$0.225–+12.5%Cashquarterly2021-11-092021-12-062021-12-15
2021-08-09$0.2–0.0%Cashquarterly2021-07-222021-08-102021-08-17
2021-05-07$0.2–0.0%Cashquarterly2021-04-222021-05-102021-05-20
2021-02-16$0.2–0.0%Cashquarterly2021-01-262021-02-172021-02-25
2020-12-03$0.2–+14.3%Cashquarterly2020-11-102020-12-042020-12-14
2020-08-11$0.175–0.0%Cashquarterly2020-07-282020-08-122020-08-24
2020-05-08$0.175–0.0%Cashquarterly2020-04-282020-05-112020-05-21
2020-02-07$0.175–0.0%Cashquarterly2020-01-272020-02-102020-02-24
2019-11-26$0.175–+16.7%Cashquarterly2019-11-122019-11-272019-12-11
2019-08-09$0.15–0.0%Cashquarterly2019-07-302019-08-122019-08-26
2019-05-10$0.15–0.0%Cashquarterly2019-04-242019-05-132019-05-28
2019-02-08$0.15–0.0%Cashquarterly2019-01-282019-02-112019-02-25
2018-11-23$0.15–+20.0%Cashquarterly2018-11-082018-11-262018-12-10
2018-08-07$0.125–0.0%Cashquarterly2018-07-262018-08-082018-08-22
2018-05-10$0.125–0.0%Cashquarterly2018-04-262018-05-112018-05-25
2018-02-22$0.125–0.0%Cashquarterly2018-01-312018-02-232018-03-09
2017-11-30$0.125–+25.0%Cashquarterly2017-11-092017-12-012017-12-15
2017-08-07$0.1–0.0%Cashquarterly2017-07-262017-08-092017-08-23
2017-05-03$0.1–0.0%Cashquarterly2017-04-212017-05-052017-05-19
2017-02-01$0.1–0.0%Cashquarterly2017-01-242017-02-032017-02-15
2016-11-23$0.1–+25.0%Cashquarterly2016-11-082016-11-282016-12-12
2016-08-04$0.08–0.0%Cashquarterly2016-07-212016-08-082016-08-19
2016-05-11$0.08–0.0%Cashquarterly2016-04-252016-05-132016-05-27
2016-02-03$0.08–0.0%Cashquarterly2016-01-252016-02-052016-02-17
2015-11-25$0.08–+28.0%Cashquarterly2015-11-102015-11-302015-12-14
2015-08-05$0.0625–0.0%Cashquarterly2015-07-272015-08-072015-08-18
2015-05-13$0.0625–0.0%Cashquarterly2015-04-222015-05-152015-05-27
2015-02-04$0.0625–0.0%Cashquarterly2015-01-262015-02-062015-02-17
2014-11-26$0.0625–0.0%Cashquarterly2014-11-112014-12-012014-12-15
2014-08-06$0.0625–+66.7%Cashquarterly2014-07-242014-08-082014-08-18
2014-05-13$0.0375–0.0%Cashquarterly2014-04-242014-05-152014-05-27
2014-02-05$0.0375–0.0%Cashquarterly2014-01-282014-02-072014-02-18
2012-12-13$0.15––Special (cash)—2012-12-062012-12-172012-12-21
2012-11-29$0.0375–0.0%Cashquarterly2012-11-122012-12-032012-12-17
2012-08-09$0.0375–0.0%Cashquarterly2012-07-282012-08-132012-08-24
2012-05-04$0.0375–0.0%Cashquarterly2012-04-242012-05-082012-05-22
2012-02-08$0.0375–0.0%Cashquarterly2012-01-302012-02-102012-02-21
2011-11-30$0.0375–0.0%Cashquarterly2011-11-122011-12-022011-12-13
2011-08-10$0.0375–0.0%Cashquarterly2011-07-292011-08-122011-08-24
2011-05-10$0.0375–0.0%Cashquarterly2011-04-302011-05-122011-05-24
2011-02-08$0.0375–0.0%Cashquarterly2011-01-282011-02-102011-02-18
2010-11-22$0.0375–0.0%Cashquarterly2010-11-132010-11-242010-12-08
2010-08-12$0.0375–0.0%Cashquarterly2010-08-042010-08-162010-08-26
2010-05-12$0.0375–0.0%Cashquarterly2010-05-032010-05-142010-05-24
2010-02-11$0.0375–0.0%Cashquarterly2010-02-032010-02-162010-02-25
2009-12-02$0.0375–0.0%Cashquarterly2009-11-232009-12-042009-12-15
2009-08-17$0.0375–0.0%Cashquarterly2009-08-052009-08-192009-08-28
2009-05-15$0.0375–0.0%Cashquarterly2009-05-052009-05-192009-05-27
2009-02-11$0.0375–0.0%Cashquarterly2008-09-042009-02-162009-02-26
2008-12-04$0.0375–-50.0%Cashquarterly2008-11-262008-12-082008-12-18
2008-08-14$0.075–0.0%Cashquarterly2008-08-062008-08-182008-08-28
2008-05-15$0.075–-50.0%Cashquarterly2008-05-062008-05-192008-05-29
2008-02-08$0.15–0.0%Cashquarterly2008-02-012008-02-122008-02-20
2007-11-01$0.15–0.0%Cashquarterly2007-10-242007-11-052007-11-16
2007-08-15$0.15–0.0%Cashquarterly2007-08-022007-08-172007-08-27
2007-05-02$0.15–0.0%Cashquarterly2007-04-242007-05-042007-05-18
2007-01-24$0.15–0.0%Cashquarterly2007-01-112007-01-262007-02-09
2006-10-19$0.15–0.0%Cashquarterly2006-10-122006-10-232006-11-01
2006-08-17$0.15–+50.0%Cashquarterly2006-08-092006-08-212006-09-01
2006-05-03$0.1–0.0%Cashquarterly2006-04-242006-05-052006-05-19
2006-01-25$0.1–+11.1%Cashquarterly2006-01-132006-01-272006-02-10
2005-10-18$0.09–0.0%Cashquarterly2005-10-062005-10-202005-10-31
2005-08-03$0.09–0.0%Cashquarterly2005-07-252005-08-052005-08-19
2005-05-04$0.09–+33.3%Cashquarterly2005-04-262005-05-062005-05-20
2005-01-26$0.0675$0.09+12.5%Cashquarterly2005-01-122005-01-282005-02-11
2004-10-22$0.06$0.080.0%Cashquarterly2004-10-142004-10-262004-11-02
2004-08-04$0.06$0.080.0%Cashquarterly2004-07-222004-08-062004-08-20
2004-05-05$0.06$0.080.0%Cashquarterly2004-04-282004-05-072004-05-21
2004-01-28$0.06$0.08+71.4%Cashquarterly2003-12-192004-01-302004-02-13
2003-10-16$0.035$0.070.0%Cashquarterly2003-10-092003-10-202003-10-31
2003-08-06$0.035$0.070.0%Cashquarterly2003-07-232003-08-082003-08-22
2003-05-09$0.035$0.070.0%Cashquarterly2003-04-282003-05-132003-05-20
2003-01-30$0.035$0.07+16.7%Cashquarterly2003-01-212003-02-032003-02-14
2002-10-31$0.03$0.060.0%Cashquarterly2002-10-222002-11-042002-11-15
2002-08-07$0.03$0.060.0%Cashquarterly2002-07-242002-08-092002-08-23
2002-05-10$0.03$0.06+50.0%Cashquarterly2002-05-012002-05-142002-05-21
2002-02-01$0.02$0.06+19.8%Cashquarterly2001-12-212002-02-052002-02-15
2001-10-11$0.0167$0.05010.0%Cashquarterly2001-10-042001-10-152001-10-26
2001-08-06$0.0167$0.05010.0%Cashquarterly2001-07-252001-08-082001-08-22
2001-05-04$0.0167$0.0501+11.3%Cashquarterly2001-04-242001-05-082001-05-15
2001-02-01$0.015$0.0499+25.0%Cashquarterly2001-01-232001-02-052001-02-15
2000-10-18$0.012$0.04+9.1%Cashquarterly2000-10-092000-10-202000-10-30
2000-08-14$0.011$0.03990.0%Cashquarterly2000-08-032000-08-162000-08-25
2000-05-11$0.011$0.03990.0%Cashquarterly2000-05-052000-05-152000-05-22
2000-02-03$0.011$0.0399+32.5%Cashquarterly2000-01-212000-02-072000-02-17
1999-10-19$0.0083$0.03010.0%Cashquarterly1999-10-041999-10-211999-10-28
1999-08-09$0.0083$0.03010.0%Cashquarterly1999-07-261999-08-111999-08-25
1999-05-04$0.0083$0.03010.0%Cashquarterly1999-04-221999-05-061999-05-14
1999-02-02$0.0083$0.0301+33.9%Cashquarterly1999-01-201999-02-041999-02-16
1998-10-14$0.0062$0.02250.0%Cashquarterly1998-10-011998-10-161998-10-23
1998-07-30$0.0062$0.02250.0%Cashquarterly1998-07-221998-08-031998-08-14
1998-04-27$0.0062$0.02250.0%Cashquarterly1998-04-161998-04-291998-05-15
1998-01-20$0.0062$0.0225+12.7%Cashquarterly1998-01-131998-01-221998-02-06
1997-10-31$0.0055$0.020.0%Cashquarterly1997-10-221997-11-041997-11-18
1997-08-06$0.0055$0.020.0%Cashquarterly1997-07-241997-08-081997-08-22
1997-04-28$0.0055$0.020.0%Cashquarterly1997-03-191997-04-24-
1997-01-29$0.0055$0.02–Cashquarterly1997-01-201997-01-311997-02-13

Splits (10)

DateRatioCumulative
1993-08-2521:20×6.6578 to today
1994-05-2453:50×6.3408 to today
1995-05-241.09:1×5.9819 to today
1995-09-187:5×5.488 to today
1996-05-0627:25×3.92 to today
2000-09-141.09:1×3.6296 to today
2001-03-071.11:1×3.3299 to today
2002-04-103:2×2.9999 to today
2004-01-133:2×1.9999 to today
2005-03-171.33:1×1.3333 to today