Millrose Properties Announces First Quarterly Dividend

Millrose Properties Inc Class A ( (MRP) ) has provided an announcement.

On June 16, 2025, Millrose Properties announced its first full quarterly cash dividend of $0.69 per share for Class A and Class B common stock, following its spin-off from Lennar Corporation earlier in the year. This dividend, totaling approximately $114.5 million, reflects the company’s commitment to returning 100% of its earnings to shareholders and highlights the growing demand for its platform. The dividend will be paid on July 15, 2025, to shareholders of record as of July 3, 2025, underscoring Millrose’s strategic focus on income growth and expanding partnerships with homebuilders.

The most recent analyst rating on (MRP) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Millrose Properties Inc Class A stock, see the MRP Stock Forecast page.

More about Millrose Properties Inc Class A

Millrose Properties, Inc. operates in the real estate industry, focusing on purchasing and developing residential land. The company sells finished homesites to homebuilders through option contracts, offering a solution for homebuilders seeking to expand access to finished homesites while maintaining an asset-light strategy. Millrose’s operations facilitate community growth by recycling capital into future land acquisitions.

Average Trading Volume: 1,400,830

For an in-depth examination of MRP stock, go to TipRanks’ Overview page.