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

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) announced a quarterly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Investors 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 is Wednesday, April 1st.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Down 1.2%

NASDAQ HOVNP opened at $20.29 on Monday. The firm’s 50-day moving average is $21.05 and its two-hundred day moving average is $20.56. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 12 month low of $16.05 and a 12 month high of $21.83.

Institutional Trading of Hovnanian Enterprises, Inc. PFD DEP1/1000A

An institutional investor recently bought a new position in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. acquired a new position in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 26,275 shares of the company’s stock, valued at approximately $546,000.

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.