M.D.C. Holdings (MDC) Raises Quarterly Dividend 29.6% to $0.30; 3.5% Yield

Go back to M.D.C. Holdings (MDC) Raises Quarterly Dividend 29.6% to $0.30; 3.5% Yield

M.D.C. Holdings Increases Quarterly Cash Dividend By 20%

January 23, 2018 7:30 PM EST

DENVER, Jan. 23, 2018 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) today announced a 20% increase in its quarterly cash dividend to thirty cents ($0.30) per share on the Company's common stock. The increase reflects a further enhancement of the Company's dividend strategy, which has featured uninterrupted cash dividend payments for more than 20 years, numerous stock dividends, and the highest dividend yield in the homebuilding industry.

MDC's Chairman and Chief Executive Officer, Larry A. Mizel,... More