Millrose properties declares inaugural dividend and provides 2025 outlook

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.
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