Millrose declares $0.38/share inaugural dividend; Q2 EPS guidance $0.65-$0.68

Millrose Properties, Inc.

Inaugural cash dividend of $0.38 per share ($65M total), payable April 15, 2025 to holders of record April 4, 2025.
Dividend covers stub from Feb 7 spin-off to March 31, equates to $0.65 on a normalized quarterly basis.
Closed ~$250M in non-Lennar transactions since spin-off at yields >11%; targets $1B+ for full-year 2025.
Q2 FY2025 EPS guidance $0.65-$0.68; year-end quarterly run rate expected $0.67-$0.69.
Actively working with financial advisors to secure additional financing for pipeline growth.

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