Millrose Properties (NYSE: MRP) sets $0.76 dividend, $126.2M payout

Rhea-AI Filing Summary

Millrose Properties, Inc. 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, totaling approximately $126.2 million. The dividend will be paid on April 15, 2026 to shareholders of record as of April 3, 2026.

The company positions itself as a permanent capital partner for residential homebuilders, emphasizing a technology-enabled platform for acquiring and developing land to supply finished homesites. Management highlights the ability to maintain consistent capital returns to shareholders across different market environments.

false000201720600020172062026-03-232026-03-23

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): March 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 March 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 March 23, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.76 per share on the Company’s Class A common stock and Class B common stock, payable on April 15, 2026, to stockholders of record as of the close of business on April 3, 2026.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description of Exhibit
99.1		Press Release dated March 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: March 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 – March 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 $126.2 million, or $0.76, per share of Class A and Class B common stock. The dividend will be paid on April 15, 2026, to shareholders of record as of April 3, 2026.

“Our ability to consistently return capital to shareholders – even in volatile markets – 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,” said Darren Richman, Chief Executive Officer and President of Millrose. “We are not constrained by a fund life, nor do we retreat when market conditions change. Our capital is always available, and that certainty has never been more valuable. This consistency – in our mission, our capital, and our returns – is what shareholders and customers should expect from Millrose.”

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

FAQ

What dividend did Millrose Properties (MRP) declare in this 8-K?

Millrose Properties declared a quarterly cash dividend of $0.76 per share on its Class A and Class B common stock, totaling approximately $126.2 million. This distribution reflects the company’s ongoing policy of returning capital to shareholders through regular cash dividends.

When will Millrose Properties (MRP) pay the newly declared dividend?

The quarterly dividend will be paid on April 15, 2026. Shareholders who are on the company’s books as of the close of business on April 3, 2026, will be eligible to receive this cash distribution on their Class A and Class B common shares.

What is the record date for Millrose Properties (MRP) April 2026 dividend?

The record date for Millrose Properties’ declared quarterly dividend is April 3, 2026. Investors must be shareholders of record at the close of business on that date to receive the $0.76 per share cash dividend payable on April 15, 2026.

How large is Millrose Properties’ (MRP) total cash dividend payment?

The Board approved a total quarterly cash dividend of approximately $126.2 million. This amount corresponds to a $0.76 per share payment on all outstanding Class A and Class B common stock, reflecting a substantial aggregate capital return to Millrose shareholders for the quarter.

Which Millrose Properties (MRP) share classes receive the dividend?

Both Class A and Class B common stock of Millrose Properties are entitled to the declared dividend. Each share in either class will receive a $0.76 cash payment, provided the holder is a shareholder of record on April 3, 2026, the announced record date.

What business does Millrose Properties (MRP) operate, according to the filing?

Millrose Properties operates a homesite option platform for residential homebuilders, focusing on acquiring and developing land into finished homesites. The company uses a proprietary technology platform and rigorous due diligence to support an asset-light model for builder partners across varying housing market conditions.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 18.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 23.4 KB