M.D.C. HOLDINGS DECLARES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

M.D.C. Holdings, Inc. (NYSE: MDC) has announced a quarterly cash dividend of $0.50 per share on its common stock. This dividend will be paid on February 23, 2022, to shareholders recorded on February 9, 2022. As one of the leading homebuilders in the United States, M.D.C. Holdings, under the name Richmond American Homes, has built over 220,000 homes since 1977, emphasizing quality and customer satisfaction.

Positive

• Quarterly cash dividend of $0.50 per share enhances shareholder income.
• Demonstrates company confidence and financial stability.

Negative

• None.

DENVER, Jan. 24, 2022 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation's leading homebuilders, today announced that its board of directors has declared a quarterly cash dividend of fifty cents ($0.50) per share on the Company's common stock. The dividend will be paid on Wednesday, February 23, 2022 to shareholders of record on Wednesday, February 9, 2022.

About MDC
M.D.C. Holdings, Inc. 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 220,000 homebuyers since 1977. MDC's commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build. MDC is one of the largest homebuilders in the United States. 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 and Albuquerque. 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. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit www.mdcholdings.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mdc-holdings-declares-quarterly-cash-dividend-301466985.html

SOURCE M.D.C. Holdings, Inc.

FAQ

What is the dividend amount declared by MDC?

MDC declared a quarterly cash dividend of $0.50 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 23, 2022.

What is the record date for the MDC dividend?

The record date for the dividend is February 9, 2022.

How often does MDC pay dividends?

MDC typically pays dividends quarterly.