Mdc Holdings's last quarterly dividend payment of $0.55 per share was made to shareholders on record before Aug 8, 2023. The dividend payment stands at $2.05 per share annually, which equates to a dividend yield of 4.97%. The latest MDC stock dividend of $0.55 is an increase from the previous $0.5 distribution, representing a growth of 10%.
MDC has a dividend yield of 4.97% which is higher than the Consumer Cyclical sector, the industry and its peers average. If we compare it with the Consumer Cyclical sector average of 2.57%, Mdc Holdings's dividend yield is 93% higher. Historically MDC's dividend yield has averaged at 3.9% in the last 5 years, which is less than the current one.
Mdc Holdings has a dividend history dating as far as 1994, but lately the company has been paying dividends for the last nine consecutive years. According to our records MDC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 2.5% since one year ago. However with the stock price up by 47% from a year ago, the dividend yield marks a decrease of 30%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 8, 2023 | Aug 23, 2023 | Jul 24, 2023 | $0.55 | normal |
| May 9, 2023 | May 24, 2023 | Apr 17, 2023 | $0.5 | normal |
| Feb 7, 2023 | Feb 22, 2023 | Jan 23, 2023 | $0.5 | normal |
| Nov 8, 2022 | Nov 23, 2022 | Oct 24, 2022 | $0.5 | normal |
| Aug 9, 2022 | Aug 24, 2022 | Jul 26, 2022 | $0.5 | normal |
| May 10, 2022 | May 25, 2022 | Apr 26, 2022 | $0.5 | normal |
| Feb 8, 2022 | Feb 23, 2022 | Jan 24, 2022 | $0.5 | normal |
| Nov 9, 2021 | Nov 24, 2021 | $0.5 | normal | |
| Aug 10, 2021 | Aug 25, 2021 | Jul 27, 2021 | $0.4 | normal |
| May 11, 2021 | May 26, 2021 | Apr 26, 2021 | $0.4 | normal |
| Feb 9, 2021 | Feb 24, 2021 | Jan 26, 2021 | $0.369 | normal |
| Nov 9, 2020 | Nov 24, 2020 | Oct 29, 2020 | $0.369 | normal |
| Aug 11, 2020 | Aug 26, 2020 | Jul 27, 2020 | $0.305 | normal |
| May 5, 2020 | May 20, 2020 | Apr 1, 2020 | $0.305 | normal |
| Feb 11, 2020 | Feb 26, 2020 | Jan 27, 2020 | $0.305 | normal |
| Nov 12, 2019 | Nov 27, 2019 | Oct 28, 2019 | $0.277 | normal |
| Aug 6, 2019 | Aug 21, 2019 | Jul 22, 2019 | $0.277 | normal |
| May 14, 2019 | May 29, 2019 | Apr 29, 2019 | $0.277 | normal |
| Feb 12, 2019 | Feb 27, 2019 | Jan 29, 2019 | $0.256 | normal |
| Nov 6, 2018 | Nov 21, 2018 | Oct 22, 2018 | $0.256 | normal |
| Aug 7, 2018 | Aug 22, 2018 | Jul 23, 2018 | $0.256 | normal |
| May 15, 2018 | May 23, 2018 | Apr 30, 2018 | $0.256 | normal |
| Feb 6, 2018 | Feb 21, 2018 | Jan 23, 2018 | $0.256 | normal |
| Nov 7, 2017 | Nov 22, 2017 | Oct 23, 2017 | $0.198 | normal |
| Aug 7, 2017 | Aug 23, 2017 | Jul 24, 2017 | $0.198 | normal |
| May 8, 2017 | May 24, 2017 | Apr 24, 2017 | $0.198 | normal |
| Feb 6, 2017 | Feb 22, 2017 | Jan 23, 2017 | $0.198 | normal |
| Nov 7, 2016 | Nov 23, 2016 | Oct 24, 2016 | $0.188 | normal |
| Aug 8, 2016 | Aug 24, 2016 | Jul 25, 2016 | $0.188 | normal |
| May 9, 2016 | May 25, 2016 | Apr 18, 2016 | $0.188 | normal |
MDC has a payout ratio of 37.3% which is higher than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 33.4%, Mdc Holdings's payout ratio is 12% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MDC Mdc Holdings Inc | 4.97% | $2.05 | 37.3% |
| KBH Kb Home | 1.4% | $0.65 | 7.3% |
| TOL Toll Brothers Inc | 1.11% | $0.82 | 5.9% |
| DHI Horton D R Inc | 0.93% | $1 | 7.1% |
| PHM Pultegroup Inc | 0.86% | $0.64 | 5.3% |
Yes, Mdc Holdings has been paying dividends for the last nine years.
MDC hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2023.
Mdc Holdings's last regular dividend was on Aug 8, 2023 (ex-date) with the amount of $0.55 per share.
On an annual basis MDC pays $2.05 per share.
Mdc Holdings's current dividend yield is 4.97%.
Mdc Holdings pays dividends quarterly.
Mdc Holdings's dividend payout ratio is 37.3%.
Mdc Holdings's dividend yield is more than the Consumer Cyclical sector average.