M.D.C. Holdings is engaged in the homebuilding and financial services. Co.'s homebuilding operations consist of its subsidiaries that purchase finished lots or develop lots to the extent necessary for the construction and sale of single-family detached homes to first-time and first-time move-up homebuyers. Co.'s financial services operations include: HomeAmerican Mortgage Corporation, which originates mortgage loans for its homebuyers; and Allegiant Insurance Company, Inc., A Risk Retention Group, which provides insurance coverage to its homebuilding subsidiaries on homes that have been delivered and various of its subcontractors for completed work on those delivered homes. The MDC stock yearly return is shown above.
The yearly return on the MDC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MDC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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