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Meritage Homes (Meritage Homes) Dividend Yield %

: 1.02% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Meritage Homes is 1.02%.

Good Sign:

Meritage Homes Corp stock dividend yield is close to 2-year high.

The historical rank and industry rank for Meritage Homes's Dividend Yield % or its related term are showing as below:

MTH' s Dividend Yield % Range Over the Past 10 Years
Min: 0.2   Med: 0.47   Max: 1.02
Current: 1.02

During the past 13 years, the highest Dividend Yield of Meritage Homes was 1.02%. The lowest was 0.20%. And the median was 0.47%.

MTH's Dividend Yield % is ranked worse than
88.71% of 62 companies
in the Homebuilding & Construction industry
Industry Median: 3.625 vs MTH: 1.02

Meritage Homes's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.05.

During the past 13 years, the highest Dividend Payout Ratio of Meritage Homes was 0.05. The lowest was 0.05. And the median was 0.05.

As of today (2024-04-19), the Forward Dividend Yield % of Meritage Homes is 2.02%.

Meritage Homes's Dividends per Share for the three months ended in Dec. 2023 was $0.27.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meritage Homes was -7.20% per year. The lowest was -76.80% per year. And the median was -57.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Meritage Homes Dividend Yield % Historical Data

The historical data trend for Meritage Homes's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meritage Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.62

Meritage Homes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.23 0.38 0.66 0.62

Competitive Comparison

For the Residential Construction subindustry, Meritage Homes's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meritage Homes Dividend Yield % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Meritage Homes's Dividend Yield % falls into.



Meritage Homes Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Meritage Homes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Meritage Homes's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.56/150.09
=1.04 %

Current Share Price is $150.09.
Meritage Homes's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.56.

Meritage Homes's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/150.09
=2.00 %

Current Share Price is $150.09.
Meritage Homes's Dividends per Share for the forward twelve months is calculated as $0.75 * 4 = $3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meritage Homes  (NYSE:MTH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Meritage Homes Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Meritage Homes's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meritage Homes (Meritage Homes) Business Description

Traded in Other Exchanges
Address
8800 East Raintree Drive, Suite 300, Scottsdale, AZ, USA, 85260
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
Executives
Phillippe Lord officer: EXECUTIVE VICE PRESIDENT 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Peter L Ax director
Alison Sasser officer: SVP - Chief Accounting Officer 8800 E RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Hilla Sferruzza officer: Chief Accounting Officer 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Javier Feliciano officer: EVP Chief Human Resources Off 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Dennis V Arriola director 162 CANCO ROAD, PORTLAND ME 04103
R. Odell Michael director 3111 WEST ALLEGHENY AVENUE, PHILADELPHIA PA 19130
Gerald W Haddock director C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057
Raymond Oppel director
Steven J Hilton officer: Chief Executive Officer 6613 N SCOTTSDALE RD, SCOTTSDALE AZ 85250
Clinton Szubinski officer: EVP - Chief Operating Officer 8800 E RAINTREE DRIVE, SCOTTSDALE AZ 85260
Malissia Clinton officer: EVP - Gen. Counsel, Secretary 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Louis E Caldera director C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237
C Timothy White officer: EVP - Gen. Counsel, Secretary
Dana Bradford director BALLANTYNE OF OMAHA INC, 4350 MCKINLEY STREET, OMAHA NE 68112

Meritage Homes (Meritage Homes) Headlines

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