PulteGroup
€10,000 invested in 2016 · with dividend reinvestment
Dividend history
About PulteGroup
PulteGroup is one of the largest homebuilders in the United States, constructing houses under brands such as Pulte, Del Webb, Centex and DiVosta across a wide range of price points and buyer segments. Its scale in land, purchasing and construction gives it cost advantages, though results move with interest rates, housing demand and the broader economic cycle. PulteGroup reintroduced and has grown its dividend over the past decade or so, but the payout is deliberately small relative to earnings, with most capital returned through buybacks and reinvested in land. The very low yield reflects a company that prioritizes flexibility in a cyclical industry, so the appeal here is a modest, well-covered dividend attached to a growth-and-buyback story.