M.D.C. Holdings Announces Third Quarter Cash Dividend

DENVER, Oct 25, 2004 /PRNewswire-FirstCall via COMTEX/ -- M.D.C. Holdings, Inc. (NYSE: MDC; PCX) today announced that its board of directors has declared a cash dividend of fifteen cents ($.15) per share for the third quarter ended September 30, 2004. The cash dividend will be paid on November 23, 2004 to shareowners of record on November 9, 2004.

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