Meritage Homes Dividends and Buybacks
Dividend criteria checks 2/6
Meritage Homes is a dividend paying company with a current yield of 2.08% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 17th March, 2025.
Key information
2.1%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | n/a |
| Next dividend pay date | 31 Mar 25 |
| Ex dividend date | 17 Mar 25 |
| Dividend per share | US$1.500 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Returns At Meritage Homes (NYSE:MTH) Are On The Way Up
Mar 11
Meritage Homes (NYSE:MTH) Has A Pretty Healthy Balance Sheet
Feb 05Meritage Homes: Strong Execution And Resilient Demand Fuel Growth
Feb 05There Is A Reason Meritage Homes Corporation's (NYSE:MTH) Price Is Undemanding
Dec 18Meritage Homes: Favourable Macro Backdrop And A Right Strategy In Place
Dec 14Are Meritage Homes Corporation (NYSE:MTH) Investors Paying Above The Intrinsic Value?
Dec 05Meritage Homes (NYSE:MTH) Strong Profits May Be Masking Some Underlying Issues
Nov 07Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Nov 04Is Now An Opportune Moment To Examine Meritage Homes Corporation (NYSE:MTH)?
Oct 18Meritage Homes: Expect Value To Keep Building
Oct 13Returns At Meritage Homes (NYSE:MTH) Are On The Way Up
Oct 03Why Investors Shouldn't Be Surprised By Meritage Homes Corporation's (NYSE:MTH) Low P/E
Sep 16Meritage Homes Corporation: Staying Buy Rated As Demand Outlook Remains Positive
Jul 30Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Jul 27Is It Too Late To Consider Buying Meritage Homes Corporation (NYSE:MTH)?
Jul 11An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 35% Undervalued
Jun 06Lacklustre Performance Is Driving Meritage Homes Corporation's (NYSE:MTH) Low P/E
May 23We Think Shareholders Will Probably Be Generous With Meritage Homes Corporation's (NYSE:MTH) CEO Compensation
May 10Meritage Homes Corporation: Reiterate Buy Rating On Strong Demand Profile
May 07Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders
Apr 21Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Mar 31Meritage Homes: Amazing Orders Growth With Good Visibility Ahead
Feb 08Meritage Homes: Initiate Buy On Healthy Demand And Improved Productivity
Nov 27Meritage Homes: A Robust Recovery Is In The Making
Nov 10Meritage Homes: Rating Upgrade As Growth Expected To Accelerate
Sep 05Meritage Homes: Still Appealing Despite Signs Of Further Weakness Ahead
Jul 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MTH has been paying a dividend for less than 10 years.
Growing Dividend: MTH's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Meritage Homes Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTH) | 2.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Consumer Durables) | 1.6% |
| Analyst forecast (MTH) (up to 3 years) | 2.5% |
Notable Dividend: MTH's dividend (2.08%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MTH's dividend (2.08%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), MTH's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MTH is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/12 14:23 |
| End of Day Share Price | 2025/03/12 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Meritage Homes Corporation is covered by 30 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Stephen Kim | Barclays |
| John Lovallo | BofA Global Research |