Meritage Homes Corporation
S&P 500MTH/Consumer Cyclical · Residential Construction/NYSE
Dividend Yield
2.43%
$1.82 · Annual Dividend
Dividend Safety Rating
MTH's dividend appears safe and well-supported. Strengths include a 32.3% earnings payout ratio & 51.4% fcf payout ratio. Areas of concern: 71.2% cfo payout ratio & 7.5% return on equity.
Based on 12 of 15 metrics
Strengths
- Earnings Payout Ratio: 32.3%Low earnings payout ratio leaves room to grow the dividend.
- Current Ratio: 15.0xStrong short-term liquidity to meet obligations.
- Debt-to-Equity: 37.3Conservative debt level relative to equity.
Risks
- CFO Payout Ratio: 71.2%Operating cash flow leaves little room for the payout.
- Return on Equity: 7.5%Return on equity is below industry norms.
- Operating Margin: 5.8%Operating margin is thin and pressures the dividend.
Payout & Coverage
SafeBalance Sheet
Very SafeProfitability
WarningDividend Track Record
SafeAbout Meritage Homes Corporation
Meritage Homes Corporation is a leading real estate development company primarily focused on designing and building single-family homes across the United States. Known for its commitment to energy-efficient building practices, the company offers residential properties that meet ENERGY STAR standards, appealing to environmentally conscious buyers. Meritage Homes operates in some of the nation’s most dynamic housing markets, including Texas, Arizona, California, Colorado, and Florida, leveraging regional demographics and demand for sustainable housing solutions. Established in 1985 and headquartered in Scottsdale, Arizona, Meritage Homes has carved a significant niche by emphasizing innovation in homebuilding techniques and sustainable residential solutions. The company's market role is crucial, as it addresses the growing demand for homes amid population growth and urban expansion in key metropolitan areas, contributing to the local economies by providing housing and employment opportunities. Meritage Homes is recognized as a formidable player in the home construction sector for its strategic market presence and sustainable housing initiatives.
Dividend Overview
Dividend Yield
2.43%
Annual Dividend
$1.82
Frequency
Quarterly
Payout Ratio
32.30%
FCF Payout Ratio
51.40%
52-Week Range
$58.03 - $84.74
Dividend History (2016–2025)
MTH annual dividend per share and yield history
Earnings & Profitability
MTH earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 16, 2026
Next Payment Date
June 30, 2026
Dividend Growth
3-Year Dividend CAGR
N/A
5-Year Dividend CAGR
N/A
10-Year Dividend CAGR
N/A
3-Year Total Growth
N/A
5-Year Total Growth
N/A
10-Year Total Growth
N/A
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.