M.D.C. Holdings (MDC) Declares $.30 Quarterly Dividend, 3.9% Yield; Announces Special 8% Share Dividend

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Go back to M.D.C. Holdings (MDC) Declares $.30 Quarterly Dividend, 3.9% Yield; Announces Special 8% Share Dividend

M.D.C. Holdings (MDC) Misses Q4 EPS by 20c, Revenues Beat

January 31, 2019 6:08 AM EST

M.D.C. Holdings (NYSE: MDC) reported Q4 EPS of $0.95, $0.20 worse than the analyst estimate of $1.15. Revenue for the quarter came in at $858.5 million versus the consensus estimate of $835.14 million.

Larry A. Mizel, MDC's Chairman and Chief Executive Officer, stated, "2018 was a banner year for MDC as home sales revenues increased 19%, home sales gross margins expanded 170 basis points, and pretax income rose to its highest level in over a decade. In addition, we ended the year in... More