Millrose Properties, Inc. (NYSE:MRP) Plans $0.38 — Dividend

Millrose Properties, Inc. (NYSE:MRP) declared a — dividend on Monday, March 17th, Wall Street Journal reports. Stockholders of record on Friday, April 4th will be paid a dividend of 0.38 per share on Tuesday, April 15th. The ex-dividend date is Friday, April 4th.

Millrose Properties Price Performance

Millrose Properties stock opened at $25.93 on Wednesday. Millrose Properties has a 52 week low of $19.00 and a 52 week high of $27.07.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group initiated coverage on Millrose Properties in a report on Thursday, February 27th. They set a “buy” rating and a $25.00 price objective on the stock.

Insider Activity

In other news, insider Garett Rosenblum acquired 5,900 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were bought at an average price of $22.84 per share, for a total transaction of $134,756.00. Following the completion of the purchase, the insider now directly owns 5,900 shares of the company’s stock, valued at approximately $134,756. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Carlos A. Migoya bought 3,458 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of $22.45 per share, with a total value of $77,632.10. Following the completion of the purchase, the director now directly owns 10,106 shares of the company’s stock, valued at approximately $226,879.70. This trade represents a 52.02 % increase in their position. The disclosure for this purchase can be found here.

Millrose Properties Company Profile

Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.