Key Highlights

• PulteGroup's $0.26 quarterly Dividend trades ex-date and Record Date September 15, 2026, payable October 2, yielding approximately 0.84%.

• The dividend was increased approximately 18% earlier in 2026, from $0.22 to $0.26 per share.

• Second-quarter Net Income fell to $472 million, or $2.48 per diluted share, from $608 million and $3.03 a year earlier, beating the $2.36 analyst consensus.

• Net new orders increased 6% to 7,536 homes, with Backlog up 2% to 10,966 homes worth $6.8 billion.

PulteGroup's (NYSE:PHM) $0.26 quarterly dividend trades ex-date and record date September 15, payable October 2. Net income fell to $472 million from $608 million as home-sale gross Margin declined to 25.0% from 27.0%, while net new orders rose 6% to 7,536 homes and backlog grew 2% to 10,966 homes.

Dividend Program and Shareholder Returns

PulteGroup declared a $0.26 per share quarterly dividend, payable October 2 to shareholders of record and ex-dividend date September 15. The annualized dividend is $1.04 per share, up from $0.88 following an approximately 18% increase earlier in 2026. The dividend is accompanied by a share-repurchase program, with the company having repurchased 3.1 million shares for $373 million in the quarter.

About the Company

PulteGroup is one of the largest U.S. homebuilders, operating brands including Pulte Homes, Centex, Del Webb, DiVosta and John Wieland Homes and Neighborhoods, serving first-time, move-up and active-adult buyers.

Financial Performance Behind the Payout

PulteGroup reported second-quarter net income of $472 million, or $2.48 per diluted share, down from $608 million, or $3.03 per share, a year earlier, ahead of the $2.36 consensus estimate. Home-sale Revenue was $3.8 billion from 6,997 closings, down 11% year over year. Home-sale gross margin was 25.0%, down from 27.0% but up 60 basis points sequentially. Net new orders increased 6% to 7,536 homes, with order value up 5% to $4.1 billion, lifting backlog 2% to 10,966 homes worth $6.8 billion. The company ended with $1.4 billion of cash and a 12.3% debt-to-capital ratio.

Outlook

Incentive levels and gross margin trends into the back half of 2026, mortgage-rate sensitivity given declining Pulte Mortgage origination volume, and buyback pace relative to land Investment are the factors management has flagged as relevant going forward.