M.D.C. Holdings announces quarterly dividend of $0.50 per share

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M.D.C. ($NYSE:MDC) Holdings, Inc. is a homebuilding and financial services company based in Denver, Colorado. The company operates through two segments: homebuilding and mortgage banking. M.D.C. Holdings builds and sells single-family detached homes, townhomes, and condominiums through its operating subsidiaries in eleven states: Arizona, California, Colorado, Nevada, New Mexico, Oregon, Texas, Utah, Virginia, Washington, and Wyoming. M.D.C. Holdings has announced that it will be paying a quarterly dividend of $0.50 per share, which is in line with its previous dividend payments.

The dividend is payable on November 23rd to shareholders of record on November 9th, and the ex-dividend date is November 8th. The company has a strong balance sheet, with plenty of cash on hand to continue paying dividends and supporting its business operations.

Dividends

If you are looking for dividend stocks, M.D.C. HOLDINGS could be a good option.

Share Price

MDC is a publicly traded company listed on the New York Stock Exchange under the symbol “MDC.”

VI Analysis

M.D.C. HOLDINGS is a large homebuilding company based in the United States. The company’s fundamentals reflect its long term potential, but there are some risks to consider before investing. The company’s financials are strong, with a solid balance sheet and strong cash flow.

However, the company has a high debt-to-equity ratio, which could be a concern if interest rates rise or the housing market weakens. There are also some risk warnings in the company’s income statement, balance sheet, and cash flow statement. These warnings should be considered before investing in the company.

VI Peers

It is a publicly traded company and its stock is traded on the New York Stock Exchange. The company is a member of the S&P 500 index.

– Hovnanian Enterprises Inc ($NYSE:HOV)

Hovnanian Enterprises, Inc., a publicly traded company, is engaged in the construction and sale of residential homes in the United States. The company operates through four segments: Homebuilding, Land Development, Financial Services, and Golf Operations. The Homebuilding segment plans, develops, builds, markets, and sells single-family detached homes, townhomes, and condominiums. The Land Development segment acquires, develops, and sells land for future homebuilding operations. The Financial Services segment provides mortgage banking services to homebuyers. The Golf Operations segment owns, operates, and develops golf courses.

– Taylor Morrison Home Corp ($NYSE:TMHC)

Taylor Morrison Home Corp is a homebuilding company that operates in the U.S. and Canada. The company focuses on the design, construction, and sale of single-family detached and attached homes. As of 2022, the company had a market capitalization of 3.07 billion and a return on equity of 18.1%.

– Beazer Homes USA Inc ($NYSE:BZH)

Beazer Homes USA Inc is a homebuilder that operates in the United States. The company has a market cap of 345.59M and a ROE of 15.8%. Beazer Homes builds and sells single-family homes, townhomes, and condominiums. The company operates in Arizona, California, Colorado, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas, and Virginia.

Summary

M.D.C. Holdings is a homebuilding and financial services company headquartered in Denver, Colorado. The company operates in two segments: Homebuilding and Mortgage Banking. The company builds homes under the Richmond American Homes, Century Communities, and Heartland Homes brands. In addition to new home construction, M.D.C. Holdings also provides mortgage banking services through its HomeAmerican Mortgage Corporation subsidiary.