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Meritage Homes (Meritage Homes) 5-Year Yield-on-Cost %

: 1.04 (As of Today)
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Meritage Homes's yield on cost for the quarter that ended in Dec. 2023 was 1.04.


The historical rank and industry rank for Meritage Homes's 5-Year Yield-on-Cost % or its related term are showing as below:

MTH' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.2   Med: 0.47   Max: 1.04
Current: 1.04

During the past 13 years, Meritage Homes's highest Yield on Cost was 1.04. The lowest was 0.20. And the median was 0.47.


MTH's 5-Year Yield-on-Cost % is ranked worse than
90.32% of 62 companies
in the Homebuilding & Construction industry
Industry Median: 3.88 vs MTH: 1.04
Competitive Comparison

For the Residential Construction subindustry, Meritage Homes's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Meritage Homes's 5-Year Yield-on-Cost % falls into.


Meritage Homes 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Meritage Homes is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Meritage Homes  (NYSE:MTH) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Meritage Homes 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Meritage Homes's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Meritage Homes (Meritage Homes) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Meritage Homes Corp (NYSE:MTH) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
TMHC KBH IBP SKY MDC DFH MHO TPH CVCO CCS DHI LEN NVR PHM TSE:1928 TOL TSE:1911 LSE:BKG LSE:TW. LSE:BDEV
Traded in Other Exchanges
MEY:Germany
Address
8800 East Raintree Drive, Suite 300, Scottsdale, AZ, USA, 85260
Website
https://www.meritagehomes.com
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