Millrose Properties, Inc.
MRPMillrose Properties, Inc. (MRP) is a real estate investment trust (REIT) focused on the acquisition, ownership, and management of commercial properties. The company primarily invests in retail, office, and industrial properties, aiming to generate income and facilitate long-term growth through strategic property management and acquisitions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 15, 2026 | $0.75 | 2026-01-05 | 2026-01-05 |
| October 15, 2025 | $0.73 | 2025-10-03 | 2025-10-03 |
| July 15, 2025 | $0.69 | 2025-07-03 | 2025-07-03 |
| April 15, 2025 | $0.38 | 2025-04-04 | 2025-04-04 |
Dividends Summary
- Consistent Payer: Millrose Properties, Inc. has rewarded shareholders with 4 dividend payments over the past 1 years.
- Total Returned Value: Investors who held MRP shares during this period received a total of $2.55 per share in dividend income.
- Latest Payout: The most recent dividend of $0.75/share was paid 8 days ago, on January 15, 2026.
- Yield & Schedule: MRP currently pays dividends quarterly with an annual yield of 8.40%.
- Dividend Growth: Since 2025, the dividend payout has grown by 97.4%, from $0.38 to $0.75.
Company News
The author explains why Lennar is a long-term hold despite Berkshire Hathaway's apparent short-term housing bet. He cites personal ownership of a Lennar-built home, the company's innovative land-light business model achieved through the Millrose Properties spinoff, and strong operational execution as reasons for indefinite ownership.
Permian Investment Partners sold over 1 million shares of Millrose Properties in Q3, reducing its position value by $19.9 million, despite the stock rising 43% since its February spin-off from Lennar.
Newtyn Management sold its entire $23 million stake in Millrose Properties, a newly public real estate platform that has seen significant stock growth since its February debut. Despite the sell-out, the company shows strong performance with expanding portfolio and capital recycling capabilities.
New Home Co. has completed the acquisition of Landsea Homes Corporation, creating a top-25 national homebuilder with a strong foundation for growth. The combined company will be led by Matthew Zaist, the current President and CEO of New Home.
Millrose Properties, a real estate investment trust (REIT) spun off from Lennar, has declared its first-ever dividend, which has been well-received by investors. The company also provided an operational and financial update, indicating it is pursuing a 'land light' strategy by selling finished real estate to Lennar and other builders.
