Millrose Properties, Inc. (MRP) to Issue Quarterly Dividend of $0.79 on October 15th

Millrose Properties, Inc. (NYSE:MRP) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Monday, October 5th will be given a dividend of $0.79 per share on Thursday, October 15th. This represents a $3.16 dividend on an annualized basis and a yield of 12.8%. The ex-dividend date of this dividend is Monday, October 5th. This is a 2.6% increase from Millrose Properties’s previous quarterly dividend of $0.77.

Millrose Properties Price Performance

MRP stock opened at $24.60 on Friday. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.42. Millrose Properties has a 12 month low of $23.44 and a 12 month high of $33.49. The firm has a market cap of $3.79 billion, a P/E ratio of 8.57 and a beta of 0.53. The company’s 50-day moving average price is $29.22 and its two-hundred day moving average price is $28.96.

Millrose Properties (NYSE:MRP) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. The company had revenue of $196.85 million during the quarter. Millrose Properties had a net margin of 62.60% and a return on equity of 8.13%.

Insider Buying and Selling

In related news, Director Matthew Gorson purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of $28.80 per share, with a total value of $86,400.00. Following the acquisition, the director owned 38,750 shares of the company’s stock, valued at $1,116,000. This trade represents a 8.39% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Carlos Migoya acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was bought at an average cost of $29.18 per share, with a total value of $29,180.00. Following the purchase, the director owned 30,075 shares in the company, valued at $877,588.50. The trade was a 3.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Millrose Properties

A number of hedge funds have recently made changes to their positions in MRP. CX Institutional acquired a new stake in shares of Millrose Properties in the third quarter valued at about $26,000. Versant Capital Management Inc bought a new stake in Millrose Properties in the third quarter valued at approximately $44,000. Sequoia Financial Advisors LLC increased its position in Millrose Properties by 64.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,279 shares of the company’s stock valued at $639,000 after purchasing an additional 8,378 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Millrose Properties during the 2nd quarter valued at approximately $210,000. Finally, NewEdge Advisors LLC raised its holdings in Millrose Properties by 172.1% during the 2nd quarter. NewEdge Advisors LLC now owns 79,666 shares of the company’s stock worth $2,394,000 after purchasing an additional 50,393 shares during the last quarter.

Millrose Properties Company Profile

Millrose Properties, Inc is a residential land development company that provides land-banking solutions for homebuilders. The company acquires and develops residential land, funds the installation of infrastructure, and delivers finished lots that can be used for the construction of single-family homes.

Millrose works with homebuilding partners under arrangements designed to separate the ownership and development of land from the homebuilding process. Its activities may include acquiring raw or partially developed land, obtaining entitlements, coordinating site development, and selling completed lots to homebuilders.

The company was established as a publicly traded business in 2025 and focuses on residential growth markets in the United States.