Millrose Q2 net income $125.9M ($0.76/sh); AFFO $0.77/sh; dividend raised 6th consecutive quarter

Millrose Properties, Inc.

Net income $125.9M ($0.76 diluted EPS); AFFO $127.6M ($0.77/sh); total revenues $196.9M.
Quarterly dividend $0.77/sh paid July 15; sixth consecutive quarterly increase.
Portfolio of 143,771 homesites across 877 communities; total homesites under option $9.7B.
Expanded counterparty base to 19 builders; funded $555M in other agreements at 10.6% yield.
Announced land banking capital support for Dream Finders Homes' proposed acquisition of Beazer Homes.

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