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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.

Meritage Homes Dividend Announcement

Meritage Homes announced a quarterly dividend of $0.75 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
Meritage Homes annual dividend for 2024 was $2.25
Meritage Homes annual dividend for 2023 was $1.08
Meritage Homes's trailing twelve-month (TTM) dividend yield is 1.71%
Meritage Homes's payout ratio for the trailing twelve months (TTM) is 11.26%

Meritage Homes Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$0.75quarterly2024-09-30
2024-06-14$0.75quarterly2024-06-28
2024-03-14$0.75quarterly2024-03-29
2023-12-14$0.27quarterly2023-12-29
2023-09-14$0.27quarterly2023-09-29
2023-06-14$0.27quarterly2023-06-30
2023-03-14$0.27quarterly2023-03-31
1997-12-26$0.01quarterly
1996-12-26$0.02quarterly
1995-12-27$0.03quarterly1996-01-17
1994-12-23$0.01quarterly1995-01-17
1993-12-23$0.03quarterly1994-01-14
1992-06-23$0.15quarterly1992-07-15
1992-03-24$0.25quarterly1992-04-15
1991-12-23$0.40quarterly1992-01-15
1991-09-23$0.40quarterly1991-10-14
1991-06-24$0.40quarterly1991-07-15
1991-03-25$0.50quarterly1991-04-15
1990-12-24$1.05quarterly
1989-12-22$0.12quarterly1990-01-30
1988-12-23$0.34quarterly1989-01-12

Meritage Homes Dividend per year

Meritage Homes Dividend growth

Meritage Homes Dividend Yield

Meritage Homes current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Meritage Homes stock? Use our calculator to estimate your expected dividend yield:

Meritage Homes Financial Ratios

P/E ratio8.51
PEG ratio1.06
P/B ratio1.37
ROE16.89%
Payout ratio11.26%
Current ratio3.89
Quick ratio-15.82
Cash Ratio2.89

Meritage Homes Dividend FAQ

How much is the next Meritage Homes dividend?
Meritage Homes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Meritage Homes dividend. The next Meritage Homes dividend will be released in March, June, September, or December.
When is Meritage Homes dividend paid?
Meritage Homes pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Meritage Homes pay?
The specific amount of Meritage Homes dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meritage Homes's dividend history.
Does Meritage Homes stock pay dividends?
Yes, Meritage Homes does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meritage Homes's dividend history.
How much dividend does Meritage Homes pay?
Meritage Homes paid $2.25 in 2024, $1.08 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Meritage Homes pay dividends?
Meritage Homes typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Meritage Homes's dividend yield?
The current dividend yield for Meritage Homes is 1.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Meritage Homes's exact dividend yield.
When does Meritage Homes go ex dividend?
Meritage Homes's ex-dividend date for the latest dividend was on 2024-09-16. Meritage Homes typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Meritage Homes dividend paid?
Meritage Homes pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Meritage Homes increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Meritage Homes will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Meritage Homes dividend per share?
Meritage Homes paid $2.25 per share in 2024 and $1.08 per share in 2023. The amount of dividend per share that Meritage Homes pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Meritage Homes a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Meritage Homes a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Meritage Homes a dividend stock?
Yes, Meritage Homes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Meritage Homes a good dividend stock?
Whether Meritage Homes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Meritage Homes has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Meritage Homes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Meritage Homes pay dividends monthly?
Meritage Homes typically pays dividends on a quarterly basis.
Does Meritage Homes pay dividends quarterly?
Meritage Homes currently pays dividends on a quarterly basis.
Has Meritage Homes ever paid a dividend?
Yes, Meritage Homes has a history of paying dividends to its shareholders. Meritage Homes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Meritage Homes dividend stocks?
To buy Meritage Homes you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Meritage Homes stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Meritage Homes pay dividends 2024?
Meritage Homes pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Meritage Homes increase its dividend in 2024?
Decisions regarding Meritage Homes dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Meritage Homes dividend overview you can look into the above table of dividend history.
How Meritage Homes dividend works?
The Meritage Homes dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Meritage Homes's dividend process works:

1. Determination of Dividend: Meritage Homes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Meritage Homes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Meritage Homes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Meritage Homes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Meritage Homes dividends paid?
Meritage Homes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Meritage Homes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Meritage Homes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Meritage Homes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Meritage Homes pay dividends?
Meritage Homes typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Meritage Homes pay dividends?
The general pattern is that Meritage Homes pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Meritage Homes dividend safe?
The safety of Meritage Homes's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Meritage Homes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Meritage Homes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.