Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) to Issue Quarterly Dividend of $0.48

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) announced a quarterly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.4766 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, April 1st.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

HOVNP opened at $20.29 on Monday. The firm’s 50-day moving average price is $21.05 and its 200-day moving average price is $20.56. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 52-week low of $16.05 and a 52-week high of $21.83.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.