Finished homesites
Search documents
Millrose Properties Announces Date of Third Quarter 2025 Earnings Release and Conference Call
Businesswireยท 2025-10-02 20:30
Company Overview - Millrose Properties, Inc. operates as a Homesite Option Purchase Platform for residential homebuilders, focusing on purchasing and developing residential land and selling finished homesites through option contracts [3] Financial Announcements - The company will release its financial results for the third quarter ended September 30, 2025, before the market opens on October 23, 2025, and will host a conference call at 10:00 AM ET on the same day [1][2] - Millrose's Board of Directors declared a quarterly cash dividend of approximately $121.2 million, or $0.73 per share of Class A and Class B common stock, to be paid on October 15, 2025, to shareholders of record as of October 3, 2025 [6] Debt Offerings - Millrose Properties announced the pricing of an upsized $750 million offering of 6.25% Senior Notes due 2032, which is a $250 million increase from the previously announced offering size [7] - The company also plans to offer up to $500 million aggregate principal amount of senior notes due 2032, subject to market conditions, with the intention to use net proceeds to repay existing debt [8]