KB Home Declares Third Quarter 2018 Dividend

The board of directors of KB Home (NYSE: KBH) has declared a quarterly
cash dividend of $.025 per share on the Company’s common stock, payable
on August 16, 2018 to stockholders of record on August 2, 2018.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United
States, with more than 600,000 homes delivered since our founding in
1957. We operate in 35 markets in 7 states, primarily serving first-time
and first move-up homebuyers, as well as active adults. We are
differentiated in offering customers the ability to personalize what
they value most in their home, from choosing their lot, floor plan, and
exterior, to selecting design and décor choices in our KB Home Studios.
In addition, we are an industry leader in sustainability, building
innovative and highly energy- and water-efficient homes. We invite you
to learn more about KB Home by visiting www.kbhome.com,
calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome
or Twitter.com/KBHome.

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