Millrose Properties, Inc.
MRPReal Estate · Stock · quarterly payer
Forward Yield
10.47%
Annual Dividend
$3.08
Payout Ratio
105%
5-Yr Growth
—
Ex-Date
Jul 6, 2026
Frequency
Quarterly
Summary
As of July 2026, Millrose Properties, Inc. (MRP) yields 10.47% ($3.08 per share annually), with a blended fair-value estimate of $50.39 — +71% upside, so it screens as undervalued.
Is MRP a good dividend stock?
MixedMillrose Properties, Inc. (MRP) pays a quarterly dividend yielding 10.47% ($3.08/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (105%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 10.47%
- Payout Ratio
- 105%
- Annual Dividend
- $3.08
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 6, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $4.9B
- P/E Ratio
- 10.5
- 5-Yr Total Return
- —
- 52-Week Range
- $26.30 – $36.00
- Dividend Safety
- —
- Ever Cut?
- No
Frequently Asked Questions
MRP Price — Last 12 Months
Daily close
Price Return
1 Year
-17%
3 Years
—
5 Years
—
52-Week Range
$26.30 – $36.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MRP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Millrose Properties, Inc. is $50.39 per share, versus a market price of $29.42. That implies 71% of upside — a margin of safety of about 42%.
Fair Value
$50.39
Current Price
$29.42
Upside
+71%
Margin of Safety
42%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 4.4% stage-1 growth, 2.5% terminal growth, $2.79 EPS, $3.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 6, 2026 | — | $0.7700 | regular |
| Apr 2, 2026 | — | $0.7600 | regular |
| Jan 5, 2026 | — | $0.7500 | regular |
| Oct 3, 2025 | — | $0.7300 | regular |
| Jul 3, 2025 | — | $0.6900 | regular |
| Apr 4, 2025 | — | $0.3800 | regular |
Income Calculator
At $3.08 / yr per share
