M.D.C. Holdings Stock: Quarterly Dividend Declared (MDC)

By Amit Chowdhry ● Jan 24, 2023
  • The M.D.C. Holdings (MDC) board has declared a quarterly dividend. These are the details.

M.D.C. Holdings, Inc. (NYSE: MDC) – one of the nation’s leading homebuilders – announced that its board of directors has declared a quarterly cash dividend of $0.50 per share on the company’s common stock. The dividend will be paid on Wednesday, February 22, 2023 to shareholders of record on Wednesday, February 8, 2023.

M.D.C. Holdings was founded in 1972. MDC’s homebuilding subsidiaries, which operate under the name Richmond American Homes, have built and financed the American Dream for more than 230,000 homebuyers since 1977. And MDC’s commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build.

MDC is known as one of the largest homebuilders in the United States. And its subsidiaries have homebuilding operations across the country, including the metropolitan areas of Denver, Colorado Springs, Salt Lake City, Las Vegas, Phoenix, Tucson, Riverside-San Bernardino, Los Angeles, San Diego, Orange County, San Francisco Bay Area, Sacramento, Washington D.C., Baltimore, Orlando, Jacksonville, Seattle, Portland, Boise, Nashville, Austin, Albuquerque and Huntsville. Plus, MDC’s subsidiaries also provide mortgage financing, insurance and title services, primarily for Richmond American homebuyers, through HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company, respectively.

Dividend overview

Dividend amount: $0.50 per share

Dividend timing: To be paid on Wednesday, February 22, 2023 to shareholders of record on Wednesday, February 8, 2023.