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KB Home Increases Quarterly Dividend

Company Raises Quarterly Cash Dividend 67% to $.15 Per Share

KB Home (NYSE: KBH) today announced that its Board of Directors approved an increase in the Company’s quarterly cash dividend on its common stock to $.15 per share from $.09 per share. This 67% increase raises the Company’s annual dividend rate to $.60 per share from the previous rate of $.36 per share, representing a yield of approximately 1.5%, based on the closing price of the Company’s common stock on October 8, 2020.

In addition, the Board of Directors declared the next quarterly cash dividend, at the $.15 per share rate, will be payable on November 26, 2020 to stockholders of record on November 12, 2020.

“As we have become a larger and more profitable company, generating significantly higher operating cash flow, our Board approved a meaningful increase in our cash dividend for the second consecutive year. We are managing

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Peloton Rises After Quarterly Sales Get Stay-at-Home Boost

(Bloomberg) — Peloton Interactive Inc. shares rose Friday after the company reported quarterly sales that topped analyst projections as stay-at-home orders and gym closures continued to spur purchases of the company’s exercise equipment and workout subscriptions.



a close up of a motorcycle: Peloton Interactive Inc. stationary bicycles sit on display at the company's showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. The stakes are high for Peloton as it heads into its first holiday season as a publicly traded company. Peloton projected sales of $410 million to $420 million for the quarter ending Dec. 31, up about 60% from the same quarter a year earlier.


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Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. The stakes are high for Peloton as it heads into its first holiday season as a publicly traded company. Peloton projected sales of $410 million to $420 million for the quarter ending Dec. 31, up about 60% from the same quarter a year earlier.

The New York-based fitness technology company said fiscal fourth-quarter revenue surged 172% from a year earlier to $607.1 million. Analysts were looking for $581 million, according to data compiled by Bloomberg. Profit, excluding certain items, was $89.1 million, or 27 cents a share, in

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