MTH Meritage Homes dividend history, payout ratio & dates
Meritage Homes's last dividend of $0.375 per share was on Dec 17, 2024 (ex-date). At an annualized rate of $1.5 per share, the stock yields 2.03%.
Key dates
- MTH last dividend date: Dec 17, 2024
MTH dividend stats
vs. Consumer Cyclical sector
Dividend yield
Meritage Homes's dividend yield of 2.03% 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 2.65%, Meritage Homes's dividend yield is 23% lower.
Dividend history
Meritage Homes has been paying dividends consistently since 2023. Our records of MTH show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 178% since one year ago. And with the stock price down by 3.7% from a year ago, the dividend yield has grown by 188%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Dec 17, 2024 | $0.375 | 1.83% |
| Sep 16, 2024 | $0.375 | 1.25% |
| Jun 14, 2024 | $0.375 | 1.25% |
| Mar 14, 2024 | $0.375 | 1.01% |
| Dec 14, 2023 | $0.135 | 0.6% |
| Sep 14, 2023 | $0.135 | 0.61% |
| Jun 14, 2023 | $0.135 | 0.42% |
| Mar 14, 2023 | $0.135 | 0.25% |
Meritage Homes dividend payout ratio
Payout ratio
Meritage Homes's payout ratio of 13.8% is above the industry average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 44.6%, Meritage Homes's payout ratio is 69% lower.
Total amount of dividends paid per financial year (from cash flow)
MTH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MTH Meritage Homes CORP | 2.03% | $1.5 | 13.8% |
| KBH Kb Home | 1.63% | $1 | 11.5% |
| DHI Horton D R Inc | 1.11% | $1.4 | 9.8% |
Frequently asked questions
Does Meritage Homes pay a dividend?
Yes, Meritage Homes has been paying dividends for the last two years.
When was MTH's last dividend?
Meritage Homes's last regular dividend was on Dec 17, 2024 (ex-date) with the amount of $0.375 per share.
How much dividend does Meritage Homes pay (per share)?
On an annual basis MTH pays $1.5 per share.
What is Meritage Homes's dividend yield?
Currently Meritage Homes's dividend yield is 2.03%.
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 13.8%.
Does Meritage Homes pay a good dividend?
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.