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Press release from PR Newswire

Lennar Corporation Declares Quarterly Dividends

Wednesday, January 15, 2014

Lennar Corporation Declares Quarterly Dividends

16:38 EST Wednesday, January 15, 2014

MIAMI, Jan. 15, 2014 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on February 13, 2014 to holders of record at the close of business on January 30, 2014.

About Lennar Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. Lennar's Rialto Investments segment is a top-tier, vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar's Multifamily segment is a national developer of high-quality multifamily rental properties. Previous press releases and further information about the Company may be obtained at the "Investor Relations" section of the Company's website, www.lennar.com.

SOURCE Lennar Corporation

For further information: Allison Bober, Investor Relations, Lennar Corporation, (305) 485-2038

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