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Millrose PropertiesMRP +0.67%13 Dividend Payout Ratio is 1.03 as of Mar. 2026, which is 2% below its 10-year median of 1.05. GuruFocus rates MRP with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 706 REITs companies, Millrose Properties ranks worse than 56.37% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Millrose Properties's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.03.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Millrose Properties Inc is 1.05, which seems too high.
The historical rank and industry rank for Millrose Properties's Dividend Payout Ratio or its related term are showing as below:
MRP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.05 Max: 1.05
Current: 1.05
During the past 3 years, the highest Dividend Payout Ratio of Millrose Properties was 1.05. The lowest was 1.05. And the median was 1.05.
MRP's Dividend Payout Ratio is ranked worse than 56.37% of 706
companies
in the REITs industry
Industry Median: 0.99
vs MRP: 1.05
During the past 12 months, Millrose Properties's average Dividends Per Share Growth Rate was 671.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Millrose Properties (NYSE:MRP) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Millrose Properties Dividend Payout Ratio Related Terms
Millrose Properties Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Millrose Properties's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MRP vs IRT, JAN, UMH: Dividend Payout Ratio Comparison
For the REIT - Residential subindustry, Millrose Properties's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Millrose Properties Dividend Payout Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Millrose Properties's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Millrose Properties's Dividend Payout Ratio falls into.
Millrose Properties Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Millrose Properties's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Millrose Properties (MRP) has a Dividend Payout Ratio of 1.03 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Millrose Properties and its competitors. This is near median its historical median of 1.05. Over the past decade, Millrose Properties' Dividend Payout Ratio has ranged from 1.05 to 1.05. According to the industry distribution chart, Millrose Properties ranks #398 out of 706 companies in the REITs industry, placing it in the top 56.4%.
Is Millrose Properties' Dividend Payout Ratio too high?
Millrose Properties' current Dividend Payout Ratio of 1.03 is near median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.05. The REITs industry median Dividend Payout Ratio is 0.99. Millrose Properties' value of 1.03 is 4% above this industry median. Based on the distribution chart, Millrose Properties ranks #398 out of 706 companies in the REITs industry, which is below the industry midpoint. Overall, Millrose Properties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Millrose Properties' Dividend Payout Ratio compare to IRT and JAN?
According to the REITs industry distribution chart, Millrose Properties ranks #398 out of 706 companies for Dividend Payout Ratio. This places Millrose Properties in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Millrose Properties' value of 1.03 is 4% above this benchmark. Historically, Millrose Properties' own Dividend Payout Ratio has ranged from 1.05 to 1.05 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.99, Millrose Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millrose Properties's current Dividend Payout Ratio of 1.03 is 4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Millrose Properties and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millrose Properties's current Dividend Payout Ratio is 1.03, which is near median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millrose Properties stock overvalued right now?
Millrose Properties (MRP) has a current Dividend Payout Ratio of 1.03. The current Dividend Payout Ratio is 1.03, which is near median its 10-year median of 1.05 and 4% above the REITs industry median of 0.99. Millrose Properties' overall GF Score™ is 13/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Millrose Properties (MRP), the current Dividend Payout Ratio is 1.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Millrose Properties Inc is a Holding Company. The company, along with its subsidiaries, engages in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform. The company generates a key portion of its revenue from Option fee revenues and a smaller portion of revenue from Development loan income.
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