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MTH Meritage Homes dividend history, payout ratio & dates

Meritage Homes's last quarterly dividend of $0.75 per share was on Mar 14, 2024 (ex-date). At an annualized rate of $1.56 per share, the stock yields 0.89%.

Key dates

  • MTH last dividend date: Mar 14, 2024
  • MTH next dividend date: Jun 14, 2024
MTH dividend stats
DPS
$1.56
Dividend yield
0.89%
Payout ratio
7.2%
vs. Consumer Cyclical sector
Dividend yield
2.37%
Payout ratio
38.3%

Dividend yield

What is Meritage Homes current dividend yield

Meritage Homes's dividend yield of 0.89% is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.37%, Meritage Homes's dividend yield is 62% lower.

Dividend history

What is MTH dividend payout history and dates

Our records of MTH show that the company has issued four quarterly dividends in the last twelve months.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 14, 2024 Mar 29, 2024 Feb 22, 2024 $0.75 normal
Dec 14, 2023 Dec 29, 2023 Nov 16, 2023 $0.27 normal
Sep 14, 2023 Sep 29, 2023 Aug 23, 2023 $0.27 normal
Jun 14, 2023 Jun 30, 2023 May 18, 2023 $0.27 normal
Mar 14, 2023 Mar 31, 2023 Feb 16, 2023 $0.27 normal

Meritage Homes dividend payout ratio

What is Meritage Homes dividend payout ratio compared to the sector

Payout ratio

Meritage Homes's payout ratio of 7.2% is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 38.3%, Meritage Homes's payout ratio is 81% lower.

Total amount of dividends paid per financial year (from cash flow)

MTH dividend vs peer dividends

How does MTH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KBH Kb Home 1.22% $0.85 11.2%
MTH Meritage Homes CORP 0.89% $1.56 7.2%
DHI Horton D R Inc 0.8% $1.15 7.8%

Frequently asked questions

Does Meritage Homes pay a dividend?

Meritage Homes has paid four dividends in the last 12 months.

When is Meritage Homes's next dividend?

MTH's next dividend date is Jun 14, 2024 (ex-date).

When was MTH's last dividend?

Meritage Homes's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $0.75 per share.

How much dividend does Meritage Homes pay (per share)?

On an annual basis MTH pays $1.56 per share.

What is Meritage Homes's dividend yield?

Currently Meritage Homes's dividend yield is 0.89%.

How often does Meritage Homes pay dividends?

Meritage Homes pays dividends quarterly.

What is Meritage Homes's dividend payout ratio?

Meritage Homes's dividend payout ratio is 7.2%.

Does Meritage Homes pay a good dividend?

Meritage Homes's dividend yield is less than the Consumer Cyclical sector average.