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KB Home Declares Quarterly Dividend
LOS ANGELES, Oct 7, 2004 /PRNewswire-FirstCall via COMTEX/ -- The board of
directors of KB Home (KBH) has declared a quarterly cash dividend of
twenty-five cents ($.25) per share on the company's common stock, payable on
November 25, 2004 to shareholders of record on November 11, 2004.
Building homes for nearly half a century, KB Home is one of America's
premier homebuilders with domestic operating divisions in some of the
fastest-growing regions and states: West Coast - California; Southwest -
Arizona, Nevada and New Mexico; Central - Colorado, Illinois, Indiana and
Texas; and Southeast - Florida, Georgia, North Carolina and South Carolina.
Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the
largest homebuilders in France. In fiscal 2003, the Company delivered homes
to 27,331 families in the United States and France. It also operates a
full-service mortgage company for the convenience of its buyers. Founded in
1957, and winner of the 2004 American Business award for Best Overall
Company, KB Home is a Fortune 500 company listed on the New York Stock
Exchange under the ticker symbol "KBH." For more information about any of KB
Home's new home communities, call 888-KB-HOMES or visit kbhome.com.
For further information, please contact Kelly Masuda of KB Home,
+1-310-231-4184, kmasuda@kbhome.com
SOURCE KB Home
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