M.D.C. Holdings: Dividend Looks Enticing At Present Valuation

Individual Trader
17.84K Followers

Summary

  • Company announced an earnings and sales beat in the first quarter.
  • Home deliveries continue to grow.
  • The market, though, remains unconvinced, which has resulted in MDC's dividend yield spiking well above 5%.

Casa de la familia, con un patio

KatarzynaBialasiewicz/iStock via Getty Images

Intro

If we look at a long-term chart of M.D.C. Holdings, Inc. (MDC), we can see that shares are down almost 40% from their recent multi-year highs which they registered back in March 2021. It will

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This article was written by

17.84K Followers
Individual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. Risk management is controlled through position sizing & the use of trailing stop losses over time.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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