Millrose Properties (MRP) Company Report

Millrose Properties, Inc. declared a quarterly cash dividend of $0.75 per share, totaling approximately $124.5 million, for its Class A and Class B common stock.
The dividend is scheduled to be paid on January 15, 2026, to shareholders of record as of January 5, 2026.
CEO Darren Richman stated that the dividend increase reflects the company's disciplined growth, deepening partnerships, and success in recycling capital.

3 days ago

Millrose Properties, Inc. Provides Preliminary Q3 2025 Results

MRP

Earnings

Debt Issuance

Millrose Properties, Inc. reported preliminary, unaudited results for the third quarter of 2025, with revenues of approximately $179.3 million and net income of approximately $105.1 million, or $0.63 per share.
Adjusted Funds from Operations (AFFO) for Q3 2025 were approximately $122.5 million, or $0.74 per share.
As of September 30, 2025, homesite inventory and other related assets totaled approximately $8.7 billion, and Invested Capital was approximately $8.2 billion.
The company's book value per share was approximately $35.29 as of September 30, 2025.

Oct 9, 2025, 12:07 PM

Millrose Properties Announces Quarterly Dividend

MRP

Dividends

Millrose Properties, Inc. (MRP) declared a quarterly cash dividend of $0.73 per share on its Class A and Class B common stock on September 22, 2025.
The total quarterly cash dividend payment is approximately $121.2 million.
The dividend is payable on October 15, 2025, to stockholders of record as of the close of business on October 3, 2025.

Sep 22, 2025, 8:11 PM

Millrose Properties, Inc. Issues $750 Million in Senior Notes

MRP

Debt Issuance

Millrose Properties, Inc. completed an offering of $750 million aggregate principal amount of 6.250% Senior Notes due 2032 on September 11, 2025, with interest payable semi-annually on March 15 and September 15 of each year, starting March 15, 2026.
The Notes are fully and unconditionally guaranteed on a senior unsecured basis by Millrose Properties SPE LLC, a wholly-owned subsidiary of the Company.
These Notes rank pari passu in right of payment with existing and future senior indebtedness, are senior to future subordinated indebtedness, and are effectively subordinated to secured indebtedness.
The Company has the option to redeem some or all of the Notes on or after September 15, 2028, and may also redeem up to 40% of the Notes prior to this date with cash from certain equity offerings at 106.250% of the principal amount.