Meritage Homes's last dividend of $0.75 per share was on Sep 16, 2024 (ex-date). At an annualized rate of $2.52 per share, the stock yields 1.31%.
Meritage Homes's dividend yield of 1.31% is higher than the industry average but lower than the Consumer Cyclical sector average. If we compare it with the Consumer Cyclical sector average of 2.5%, Meritage Homes's dividend yield is 48% lower.
Our records of MTH show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 211% since one year ago. And with the stock price up by 62% from a year ago, the dividend yield has grown by 92%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 16, 2024 | $0.75 | 1.25% |
Jun 14, 2024 | $0.75 | 1.25% |
Mar 14, 2024 | $0.75 | 1.01% |
Dec 14, 2023 | $0.27 | 0.6% |
Sep 14, 2023 | $0.27 | 0.61% |
Jun 14, 2023 | $0.27 | 0.42% |
Mar 14, 2023 | $0.27 | 0.25% |
Meritage Homes's payout ratio of 11% is above the industry average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 38.6%, Meritage Homes's payout ratio is 72% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MTH Meritage Homes CORP | 1.31% | $2.52 | 11% |
KBH Kb Home | 1.12% | $0.9 | 11.6% |
DHI Horton D R Inc | 0.65% | $1.2 | 8% |
Meritage Homes has paid four dividends in the last 12 months.
Meritage Homes's last regular dividend was on Sep 16, 2024 (ex-date) with the amount of $0.75 per share.
On an annual basis MTH pays $2.52 per share.
Currently Meritage Homes's dividend yield is 1.31%.
Meritage Homes pays dividends quarterly.
Meritage Homes's dividend payout ratio is 11%.
Meritage Homes's dividend yield is less than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.