On March 23, 2026, Millrose Properties, Inc. (NYSE: MRP) announced that its Board of Directors has declared a quarterly cash dividend of $0.76 per share on both Class A and Class B common stock. This dividend, amounting to approximately $126.2 million, is set to be paid on April 15, 2026, to shareholders of record as of April 3, 2026. The announcement reflects the company's commitment to returning capital to its shareholders, even amidst fluctuating market conditions. Darren Richman, the Chief Executive Officer and President of Millrose, emphasized the company's robust business model, stating, "Our ability to consistently return capital to shareholders underscores the strength and durability of our business model. Millrose was built for a singular purpose: to be a reliable, permanent capital partner for homebuilders seeking finished homesites." Richman highlighted that the company is not constrained by fund life and maintains a consistent availability of capital, which is increasingly valuable in the current market landscape. This dividend declaration is expected to positively influence investor sentiment and reflects Millrose's operational stability and strategic outlook in the homebuilding sector.

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