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DENVER, Feb. 2, 2021 /PRNewswire/ M.D.C Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, announced results for the quarter and full year ended December 31, 2020.
Larry A. Mizel, MDC s Executive Chairman, stated, MDC delivered another quarter of significant order growth and strong profitability in the fourth quarter of 2020. The dollar value of our net orders for the quarter increased 92% year-over-year on a 67% improvement in sales pace, as we continued to see broad-based strength in demand from both a geographic and a product standpoint. Net income rose 59% to $147.5 million, based on the significant growth of both our homebuilding and our financial services operations.
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DENVER, Jan. 26, 2021 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC) today announced that on January 25, 2021 its board of directors declared a quarterly cash dividend of forty cents ($0.40) per share as well as a special 8% stock dividend on the Company s common stock. The cash dividend will be paid on Wednesday, February 24, 2021 to shareholders of record on Wednesday, February 10, 2021. The stock dividend will be distributed on March 17, 2021 to shareholders of record on March 3, 2021, with a brokers cut-off date of March 10, 2021, and will be in the form of one additional share of MDC common stock for each 12.5 shares owned by shareholders on the record date. Cash will be paid in lieu of fractional shares based on the closing price of MDC s common stock on the record date.
/PRNewswire/ Richmond American Homes of California, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the Grand Opening of three.
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DENVER, Jan. 6, 2021 /PRNewswire/ M.D.C. Holdings, Inc. (NYSE: MDC), one of the nation s leading homebuilders, reported selected preliminary results for the 2020 fourth quarter. These results are preliminary and unaudited.
2020 Fourth Quarter Highlights and Comparisons to 2019 Fourth Quarter (preliminary and unaudited)
New home deliveries increased 7% to 2,564 from 2,389
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Net new home orders increased 72% to 2,708 from 1,574
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Homes in backlog increased 75% to 6,655 from 3,801
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Dollar value of backlog increased 87% to $3.26 billion
As previously announced, MDC will release its 2020 fourth quarter earnings before the market opens on Tuesday, February 2, 2021. MDC will host a teleconference the same day at 12:30 pm ET.
M D C Holdings Announces 2020 Fourth Quarter Earnings Release Schedule And Conference Call marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.