Free Trial

Meritage Homes (MTH) Dividend Yield, Date & History

Meritage Homes logo
$154.61 +2.70 (+1.78%)
(As of 12/20/2024 05:40 PM ET)

Meritage Homes Dividend Summary

Dividend Yield
1.94%
Annual Dividend
$3.00
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
13.58%

Meritage Homes (MTH) pays an annual dividend of $3.00 per share, with a dividend yield of 1.94%. The next quarterly payment of $0.75 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Tuesday, December 17. The company currently pays out 13.58% of its earnings and 16.67% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

MTH Dividend Payments by Quarter

The chart below displays up to four years of Meritage Homes' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MTH Dividend Yield Over Time

The chart below tracks Meritage Homes' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Meritage Homes vs. The Competition

Compare Meritage Homes' annual dividend, yield, and 3-year growth rate with averages for Construction and NYSE companies to evaluate its performance against the market.

TypeMeritage HomesConstruction CompaniesNYSE Companies
Annual Dividend$3.00$0.01$1.39
Dividend Yield1.94%1.87%3.58%
Annualized 3-Year Dividend Growth0.00%20.40%15.78%

Meritage Homes Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings13.58%
Based on This Year's Estimate14.10%
Based on Next Year's Estimate13.97%
Based on Cashflow16.67%

Meritage Homes Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/21/2024quarterly$0.75 - 1.4%12/17/202412/17/202412/31/2024
8/29/2024quarterly$0.75 - 1.3%9/16/20249/16/20249/30/2024
5/16/2024quarterly$0.75 - 1.1%6/14/20246/14/20246/28/2024
2/22/2024Quarterly$0.75+$0.48
177.78%
1.91%3/14/20243/15/20243/29/2024
11/16/2023Quarterly$0.27 - 0.76%12/14/202312/15/202312/29/2023
8/23/2023Quarterly$0.27 - 0.8%9/14/20239/15/20239/29/2023
5/18/2023Quarterly$0.27 - 0.89%6/14/20236/15/20236/30/2023
2/16/2023Quarterly$0.27 - 0.99%3/14/20233/15/20233/31/2023

This table shows Meritage Homes' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Meritage Homes Dividend - Frequently Asked Questions

The current dividend yield for Meritage Homes is 1.94%. Learn more on MTH's dividend yield history.

The annual dividend for MTH shares is $3.00. Learn more on MTH's annual dividend history.

Meritage Homes pays quarterly dividends to shareholders.

Meritage Homes's next quarterly dividend payment of $0.75 per share will be made to shareholders on Tuesday, December 31, 2024.

Meritage Homes's most recent quarterly dividend payment of $0.75 per share was made to shareholders on Monday, September 30, 2024.

Meritage Homes's most recent ex-dividend date was Tuesday, December 17, 2024.

The most recent change in the company's dividend was an increase of $0.48 on Thursday, February 22, 2024.

The dividend payout ratio for MTH is:
  • 13.58% based on the trailing year of earnings
  • 14.10% based on this year's estimates
  • 13.97% based on next year's estimates
  • 16.67% based on cash flow

Meritage Homes' dividend yield of 1.83% is lower than the average Construction company that issues a dividend. Meritage Homes' dividend payout ratio of 13.58% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Meritage Homes stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MTH) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners