Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Announces Quarterly Dividend of $0.48

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) declared a quarterly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.4766 per share on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, April 1st.

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

HOVNP opened at $20.29 on Monday. The business’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 1 year low of $16.05 and a 1 year high of $21.83.

Hedge Funds Weigh In On 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 stake in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor 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.