WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- The Board of Directors of The Ryland Group, Inc. (NYSE: RYL), has declared a quarterly dividend of $0.03 per share, payable on April 30, 2013, to common stockholders of record on April 15, 2013.

Headquartered in Southern California, Ryland (RYL) is one of the nation's largest homebuilders and a leading mortgage-finance company. Since its founding in 1967, Ryland has built more than 300,000 homes and financed more than 245,000 mortgages. The Company currently operates in 14 states across the country and is listed on the New York Stock Exchange under the symbol "RYL." For more information, please visit www.ryland.com.

The Ryland Group, Inc.
Drew Mackintosh
VP, Investor Relations and Corporate Communications
(805) 367-3722
Drew.mackintosh@ryland.com

Source: The Ryland Group, Inc.