Monday, December 12, 2005

Ryland Home DOUBLES its dividend

The Ryland Group declares fourth-quarter dividend
Fri Dec 9, 2005 05:27 PM ET
LOS ANGELES, Dec 9 (Reuters) - The Ryland Group Inc. (RYL.N: Quote, Profile, Research) , one of the largest U.S. home builders, said on Friday that its board of directors had declared a fourth-quarter dividend of 12 cents payable on Jan. 30.

I don't recall Worldcom, Cisco, Nortel, Level 3, or Global Crossing doing that in 2002. Are the homebuilders really in the bubble?

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