Millrose Properties announces $121.2M dividend

By Ahmed Jameison • Tuesday, September 23 10:23 • Permanent Link

Millrose Properties, Inc. (NYSE: MRP) has just announced its quarterly cash dividend of approximately $121.2 million, or $0.73 per share of class A and class B common stock. This dividend reflects the company's strong performance and commitment to delivering value for its shareholders. The dividend will be paid on October 15, 2025, to shareholders of record as of October 3, 2025.

Millrose Properties, Inc. operates as a homesite option purchase platform for residential homebuilders. The company purchases and develops residential land and sells finished homesites to homebuilders through option contracts with predetermined costs and takedown schedules. Millrose serves as a solution for homebuilders seeking to expand access to finished homesites while implementing an asset-light strategy.

It's worth noting that the dividend payment has increased compared to the previous period, indicating the company's confidence in its earnings trajectory and its commitment to rewarding its shareholders. Following these announcements, the company's shares moved -0.81%, and are now trading at a price of $34.07. If you want to know more, read the company's complete 8-K report here.

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