MRP news

Millrose Properties announced record third quarter 2026 net income of $130.0 million or $0.78 per share, driven by a consistent increase in adjusted funds from operations and a significant new share repurchase authorization.

Millrose Properties, Inc. declared a quarterly cash dividend of $0.79 per share, payable on October 15, 2026, reflecting the company's continued growth and share gains in the housing industry.

Millrose Properties announced an offering of up to $500M senior notes due in 2029 and 2031 to fund land acquisitions and repay debt. The unregistered debt rollout targets qualified institutional buyers and is subject to market conditions.

Millrose Properties lowered the applicable interest rates on its senior secured credit facility by 25 basis points, effective as of August 5, 2026, to align with updated market pricing.

Millrose Properties reported $125.9 million in Q2 2026 net income and maintained strong cash flow by redeploying development loan proceeds and expanding its counterparty base.

Millrose Properties has declared a quarterly dividend of $0.77 per share, totaling approximately $127.9 million. This move reinstates the company's commitment to consistent shareholder returns amid robust homebuilder demand.