StockWatch
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Real Estate
DividendJun 23, 2026, 04:27 PM

Millrose Properties Declares $0.77 Quarterly Cash Dividend

AI Summary

Millrose Properties, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.77 per share for Class A and Class B common stock. The total dividend distribution will be approximately $127.9 million. This dividend is payable on July 15, 2026, to stockholders of record as of July 6, 2026. CEO Darren Richman highlighted the company's consistent earnings and dividend, attributing it to long-term builder relationships.

Key Highlights

  • Declared a quarterly cash dividend of $0.77 per share.
  • Total dividend distribution approximately $127.9 million.
  • Dividend payable on July 15, 2026.
  • Record date for dividend is July 6, 2026.
  • Applies to both Class A and Class B common stock.