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

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

Millrose Properties Price Performance

NYSE:MRP opened at $24.33 on Wednesday. Millrose Properties has a 1 year low of $19.00 and a 1 year high of $27.07.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on shares of Millrose Properties in a research note on Thursday, February 27th. They issued a “buy” rating and a $25.00 target price for the company.

Insiders Place Their Bets

In other Millrose Properties news, Director Carlos A. Migoya bought 3,458 shares of the stock in a transaction on 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 acquisition, the director now owns 10,106 shares of the company’s stock, valued at approximately $226,879.70. The trade was a 52.02 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Garett Rosenblum bought 5,900 shares of the stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of $22.84 per share, with a total value of $134,756.00. Following the acquisition, the insider now directly owns 5,900 shares in the company, valued at approximately $134,756. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here.

About Millrose Properties

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.