Millrose Properties, Inc. (MRP) To Go Ex-Dividend on April 4th

Millrose Properties, Inc. (NYSE:MRP) announced 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 of this dividend is Friday, April 4th.

Millrose Properties Stock Performance

MRP opened at $24.33 on Wednesday. Millrose Properties has a 12 month low of $19.00 and a 12 month high of $27.07.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, insider Garett Rosenblum bought 5,900 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were bought at an average cost of $22.84 per share, for a total transaction of $134,756.00. Following the completion of the acquisition, the insider now directly owns 5,900 shares in the company, valued at approximately $134,756. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carlos A. Migoya bought 3,458 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were bought at an average price of $22.45 per share, for a total transaction of $77,632.10. Following the completion of the acquisition, the director now owns 10,106 shares of the company’s stock, valued at approximately $226,879.70. This represents a 52.02 % increase in their ownership of the stock. 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.