SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): July 23, 1999
M.D.C. Holdings, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-8951 84-0622967
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(State or other (Commission file number) (I.R.S. employer
jurisdiction of identification no.)
incorporation)
3600 South Yosemite Street, Suite 900, Denver, Colorado 80237
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (303) 773-1100
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Not Applicable
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(Former name or former address, if changed since last report.)
<PAGE>
ITEM 5. OTHER EVENTS
On July 26, 1999 the Registrant issued the press release attached as
Exhibit 99.1 to this Current Report on Form 8-K.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
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M.D.C. HOLDINGS, INC.
By:/s/ Daniel S. Japha
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Vice President of Law -
Corporate and Secretary
Dated: July 27, 1999
EXHIBIT 99.1
NEWS BULLETIN
M.D.C. HOLDINGS, INC. RICHMOND AMERICAN HOMES
HOMEAMERICAN MORTGAGE
FOR IMMEDIATE RELEASE
MONDAY, JULY 26, 1999
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Contacts: Paris G. Reece III Daniel S. Japha
Chief Financial Officer Director, Investor Relations
(303) 804-7706 (303) 804-7730
(Financial Information) (General Information)
MDC HOLDINGS ANNOUNCES SECOND QUARTER DIVIDEND
DENVER, MONDAY, July 26, 1999 - M.D.C. Holdings, Inc. (NYSE/PCX: MDC)
today announced that its board of directors has declared a dividend of five
cents per share for the quarter ended June 30, 1999. The dividend is payable
on August 12, 1999 to shareowners of record on July 30, 1999.
MDC is one of the largest homebuilders in the United States. The
Company also provides mortgage financing, primarily for MDC's home buyers,
through its wholly owned subsidiary, HomeAmerican Mortgage Corporation. MDC is a
major regional homebuilder with a significant presence in some of the country's
best housing markets. The Company is the largest homebuilder in metropolitan
Denver; among the top five homebuilders in Northern Virginia, Tucson and
Colorado Springs; among the top ten homebuilders in Southern California,
Phoenix, suburban Maryland and Las Vegas; and has a growing presence in the San
Francisco Bay area.
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