Dec. 13, 2012
/PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) today announced that its board of directors has declared a cash dividend of
per share on the Company's common stock. This dividend is in lieu of declaring and paying regular quarterly dividends in calendar year 2013. The accelerated dividend is payable on
December 28, 2012
to stockholders of record on
December 24, 2012
About M.D.C. Holdings, Inc.
Since 1972, MDC's subsidiary companies have built and financed the American dream for more than 170,000 families. MDC's commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build. MDC is one of the largest homebuilders in
the United States
. Its subsidiaries have homebuilding operations across the country, including the metropolitan areas of Denver,
Salt Lake City
San Francisco Bay Area
. The Company's subsidiaries also provide mortgage financing, insurance and title services, primarily for Richmond American homebuyers, through HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company, respectively. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit
SOURCE M.D.C. Holdings, Inc.