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  4. [8-K] Millrose Properties, Inc. Reports Material Event

Millrose Properties (NYSE: MRP) sets $0.77 dividend and $127.9M payout

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Millrose Properties, Inc. declared a quarterly cash dividend of $0.77 per share on its Class A and Class B common stock, totaling approximately $127.9 million. The dividend will be paid on July 15, 2026 to shareholders of record as of July 6, 2026.

The company describes its model as a homesite option platform for residential homebuilders, emphasizing consistent earnings, dividends and long-term builder relationships. Management links this dividend to what it views as strong earnings visibility supported by its land acquisition and development strategy.

Positive

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Insights

Millrose maintains a sizable recurring cash dividend, signaling ongoing income focus.

Millrose’s board approved a quarterly cash dividend of $0.77 per share, or about $127.9 million in total, on both Class A and Class B common stock. The payment and record dates, July 15, 2026 and July 6, 2026, give clarity to income-oriented holders.

Management frames the payout as aligned with consistent earnings and longer-term builder relationships, but the excerpt does not provide coverage ratios or balance sheet metrics. The overall investment impact depends on how this recurring cash commitment compares with future earnings and capital needs disclosed in later filings.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Quarterly dividend per share $0.77 per share Cash dividend on Class A and Class B common stock
Total dividend amount $127.9 million Approximate aggregate cash dividend for the quarter
Dividend payment date July 15, 2026 Cash dividend payable date
Dividend record date July 6, 2026 Shareholders of record eligible for dividend
quarterly cash dividend financial
"declared a quarterly cash dividend of approximately $127.9 million, or $0.77, per share"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
homesite option platform financial
"the homesite option platform for residential homebuilders, today announced that its Board"
asset-light model financial
"By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners"
A business approach that avoids owning lots of factories, equipment or property and instead relies on partners, contractors or digital platforms to deliver products or services—think renting instead of buying the tools to build everything yourself. Investors care because this model usually requires less upfront cash and can scale faster, potentially boosting profit margins, but it also creates dependence on outside providers and more variable costs, which affects risk and future returns.
forward-looking statements regulatory
"This press release contains forward-looking statements, including, in particular, statements about Millrose’s businesses"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
due diligence financial
"Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields"
Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

FAQ

What dividend did Millrose Properties (MRP) declare in this 8-K?
Millrose Properties declared a quarterly cash dividend of $0.77 per share on its Class A and Class B common stock, totaling approximately $127.9 million for shareholders recorded on the specified record date.

When is the Millrose Properties (MRP) dividend record date and payment date?
The dividend will be paid on July 15, 2026 to shareholders of record as of the close of business on July 6, 2026. Investors holding shares on the record date qualify to receive the cash distribution.

Which Millrose Properties (MRP) share classes receive the $0.77 dividend?
Both Class A and Class B common stock of Millrose Properties are eligible for the declared quarterly dividend of $0.77 per share. The payout applies equally to each class listed in the company’s capital structure.

How large is Millrose Properties’ total dividend payout this quarter?
The company stated that the quarterly dividend represents an aggregate cash payout of approximately $127.9 million. This figure reflects the $0.77 per-share dividend applied across all outstanding Class A and Class B common shares.

What business does Millrose Properties (MRP) operate to support its dividend?
Millrose operates a homesite option platform for residential homebuilders, focusing on acquiring and developing land to supply finished homesites. It highlights long-term builder relationships and a technology-driven, asset-light model to support earnings and dividend consistency.

Does Millrose Properties include forward-looking statements in this dividend announcement?
Yes. The press release contains forward-looking statements about Millrose’s business, strategies and expected results. It notes that actual outcomes may differ due to competitive conditions and other risks described in the company’s SEC filings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →
0002017206false00020172062026-06-232026-06-23

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 23, 2026

 

 

Millrose Properties, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Maryland

001-42476

99-2056892

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

600 Brickell Avenue, Suite 1400

 

Miami, Florida

 

33131

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 212 782-3841

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A common stock, par value $0.01 per share

 

MRP

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 7.01 Regulation FD Disclosure.

On June 23, 2026, Millrose Properties, Inc. (the “Company”) issued a press release announcing its upcoming quarterly dividend distribution. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information furnished herewith pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 8.01 Other Events.

On June 23, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.77 per share on the Company’s Class A common stock and Class B common stock, payable on July 15, 2026, to stockholders of record as of the close of business on July 6, 2026.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

 

 

Exhibit

Number

Description of Exhibit

 

 

 

 

99.1

Press Release dated June 23, 2026

 

 

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

 

 

MILLROSE PROPERTIES, INC.

 

 

 

 

Date: June 23, 2026

 

By:

/s/ Garett Rosenblum

 

 

Name:

Garett Rosenblum

 

 

Title:

Chief Financial Officer and Treasurer

 

 

Exhibit 99.1

Millrose Properties Announces Quarterly Dividend Payment

 

Miami – June 23, 2026– Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the homesite option platform for residential homebuilders, today announced that its Board of Directors has declared a quarterly cash dividend of approximately $127.9 million, or $0.77, per share of Class A and Class B common stock. The dividend will be paid on July 15, 2026, to shareholders of record as of July 6, 2026.

"Millrose was built on consistency — in our earnings, our dividend, and our commitment to being a dependable capital partner for homebuilders through every market cycle. Our long-term, multi-year builder relationships give shareholders a level of earnings visibility that's rare in this industry, and this dividend is a direct expression of that foundation," said Darren Richman, Chief Executive Officer and President of Millrose Properties.

 

About Millrose Properties, Inc.

 

Millrose (NYSE: MRP) is the premier homesite option platform for residential homebuilders. The company specializes in the acquisition and horizontal development of land to provide a predictable, just-in-time supply of finished homesites – the most scarce and mission-critical resource in the homebuilding industry. Unlike traditional land bankers, Millrose utilizes a proprietary technology platform that provides real-time feedback and data analytics to drive acquisition decisions. Every transaction in the Millrose portfolio undergoes rigorous independent due diligence to ensure attractive yields and long-term viability. By enabling an asset-light model, Millrose provides its diverse roster of homebuilder partners with the strategic flexibility to maintain production volumes and optimize balance sheet efficiency across all market environments. For more information about Millrose, please visit millroseproperties.com.

 

Forward-looking Statements

 

This press release contains forward-looking statements, including, in particular, statements about Millrose’s businesses, plans, strategies and objectives, future earnings, expected transactions and guidance. You can generally identify forward-looking statements by our use of forward-looking terminology such as “may,” “can,” “shall,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” “outlook,” “guidance” or other similar words or the negatives thereof. Assumptions relating to these statements involve judgments with respect to, among other things, competitive and market conditions and future business decisions, all of which are difficult or impossible to accurately predict and many of which are beyond our control. There can be no assurance that these forward-looking statements will prove to be accurate and our actual results, performance and achievements may be materially different from that expressed or implied by these forward-looking statements. Important factors that could cause differences between anticipated and actual results include the risks and uncertainties described in Millrose’s filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof and Millrose does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of this information should not be regarded as a representation by us or any other person that our objectives and plans, which we consider to be reasonable, will be achieved.

 

 

 

 

 

 

 

 

 

Media Contact:

Benjamin Spicehandler / Stephen Pettibone

FGS Global

MillroseProperties@fgsglobal.com

 

 

 

 

 

 

Source: View Original Filing on SEC EDGAR

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