Meritage Homes Corporation

Meritage Homes Corporation

MTHยทNYSE

$67.11

+0.090%
Consumer CyclicalResidential Construction

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

At a Glance

Live Snapshot
Market Cap$4.48B
EPS6.4000
P/E Ratio10.49
Earnings Date07/22/2026
0.77%
Dividend Yield
19%
3Y+231.0%
5Y-
10Y-
57.89%
Dividend Payout Ratio
66%
3Y+666.0%
5Y-
10Y-
3Y+223.0%
5Y-
10Y-
Meritage Homes Corporation

Meritage Homes Corporation Dividend History

MTH ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

MTH Dividend Payment History

MTH ยท NYSE

Total Payments

14

Latest Dividend

$0.4800

Annual Amount

$2.2500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 21, 2026
Jun 16, 2026Jun 30, 2026
$0.4800
$0.4800
Quarterly0.00%
Feb 19, 2026
Mar 17, 2026Mar 31, 2026
$0.4800
$0.4800
Quarterly+11.63%
Nov 20, 2025
Dec 17, 2025Dec 31, 2025
$0.4300
$0.4300
Quarterly0.00%
Aug 21, 2025
Sep 16, 2025Sep 30, 2025
$0.4300
$0.4300
Quarterly0.00%
May 22, 2025
Jun 16, 2025Jun 30, 2025
$0.4300
$0.4300
Quarterly0.00%
Feb 20, 2025
Mar 17, 2025Mar 31, 2025
$0.4300
$0.4300
Quarterly+14.67%
Nov 21, 2024
Dec 17, 2024Dec 31, 2024
$0.7500
$0.3750
Quarterly0.00%
Aug 29, 2024
Sep 16, 2024Sep 30, 2024
$0.7500
$0.3750
Quarterly0.00%
May 16, 2024
Jun 14, 2024Jun 28, 2024
$0.7500
$0.3750
Quarterly0.00%
Feb 22, 2024
Mar 15, 2024Mar 29, 2024
$0.7500
$0.3750
Quarterly+451.47%
Nov 16, 2023
Dec 15, 2023Dec 29, 2023
$0.1350
$0.0680
Quarterly0.00%
Aug 23, 2023
Sep 15, 2023Sep 29, 2023
$0.1350
$0.0680
Quarterly0.00%
May 18, 2023
Jun 15, 2023Jun 30, 2023
$0.1350
$0.0680
Quarterly-49.63%
Feb 16, 2023
Mar 15, 2023Mar 31, 2023
$0.2700
$0.1350
Quarterly-
mth

Meritage Homes Corporation Payout Ratio Analysis

MTH ยท NYSE
Dividends Paid
-121.07M
2025
Net Income
453.01M
2025
Payout Ratio
26.73%
2025

Dividend Sustainability Analysis

Payout Ratio
26.73%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
130.8%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-11.5%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.