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Stock impact report

Millrose Properties Declares Inaugural Dividend and Provides 2025 Outlook

Millrose Properties, Inc. Class A (MRP) 
Company Research Source: Business Wire
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform (HOPP’R) for residential homebuilders, today announced a major milestone: its inaugural dividend of $65 million, or $0.38 per share of Class A and Class B common stock. The dividend will be paid on April 15, 2025 to shareholders of record as of April 4, 2025. This “stub” dividend covers the period from Millrose’s spin-off from Lennar Corporation (“Lennar”) on February 7, 2025 through March 31, 2025, and represents a pro-rated portion of what would equate to $0.65 per share on a normalized quarterly basis.“We’re excited to announce our first-ever dividend—an important moment for Millrose and our shareholders,” said Darren Read more
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