DR Horton Inc. declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on February 17, 2016 to stockholders of record on February 5, 2016.

The company reported unaudited consolidated earnings results for the first quarter ended December 31, 2015. For the quarter, the company's homebuilding revenues were $2,361.1 million against $2,253.0 million a year ago. Income before income taxes was $241.3 million against $220.7 million a year ago. Net income was $157.7 million or $0.42 diluted per share against $142.5 million or $0.39 diluted per share a year ago. Net cash used in operating activities was $1.5 million against $129.0 million a year ago. Purchases of property and equipment were $20.1 million against $11.3 million a year ago. Revenues from financial services were $55.3 million against $49.6 million a year ago.