Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP) to Issue Quarterly Dividend of $0.48 on July 15th

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) declared a quarterly dividend on Thursday, June 4th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.4766 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, July 1st.

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

Shares of HOVNP opened at $20.25 on Monday. The business’s 50 day moving average is $20.76 and its 200 day moving average is $20.68. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 12-month low of $16.14 and a 12-month high of $21.90.

Hedge Funds Weigh In On Hovnanian Enterprises, Inc. PFD DEP1/1000A

An institutional investor recently raised its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. boosted its stake in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) by 4.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,475 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $567,000 at the end of the most recent quarter.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

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.