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Beazer Homes USA Declares Preferred Stock Dividend

February 8, 1999 at 12:00 AM EST
Atlanta, Georgia, February 8, 1999 - Beazer Homes USA, Inc. (NYSE:BZH) announced that its Board of Directors has declared a dividend on its Series A Cumulative Convertible Exchangeable Preferred Stock (Liquidation Preference $25.00 per share).

The dividend will be payable on March 1, 1999 to holders of record as of the close of business on February 18, 1999. The amount of the dividend will be 50 cents ($0.50) per share, or a total amount of $1,000,000.