Meritage Homes Corporation Dividend
Meritage Homes Corporation Dividend history 5 years & estimates 2024 to 2026
Dividend Analysis of the Meritage Homes Corporation Stock
| Current dividend yield | 8.94 % |
| Dividendenrendite 5 Jahre | 9.19 % |
| Dividend Yield 10Y | 3.33 % |
| Payout 3Y | 5.41 % |
When does Meritage Homes Corporation pay a dividend?
Meritage Homes Corporation pays the next dividend on Sep 30 2024 (payday). The ex-day is on Sep 16 2024. The Meritage Homes Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Meritage Homes Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were March, June, September and December . Dividends from Meritage Homes Corporation are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.75
Forecast
$0.75
Forecast
|
Sep 16 2024
Sep 16 2024
Sep 30 2024
Sep 16 24
Sep 30 24 |
Sep 30 2024 |
quarterly
quarterly
|
| 2024 |
$0.75
$0.75
|
Jun 14 2024
Jun 14 2024
Jun 28 2024
Jun 14 24
Jun 28 24 |
Jun 28 2024 |
quarterly
quarterly
|
| 2024 |
$0.75
$0.75
|
Mar 14 2024
Mar 14 2024
Mar 29 2024
Mar 14 24
Mar 29 24 |
Mar 29 2024 |
quarterly
quarterly
|
| 2023 |
$0.27
$0.27
|
Dec 14 2023
Dec 14 2023
Dec 29 2023
Dec 14 23
Dec 29 23 |
Dec 29 2023 |
quarterly
quarterly
|
| 2023 |
$0.27
$0.27
|
Sep 14 2023
Sep 14 2023
Sep 29 2023
Sep 14 23
Sep 29 23 |
Sep 29 2023 |
quarterly
quarterly
|
| 2023 |
$0.27
$0.27
|
Jun 14 2023
Jun 14 2023
Jun 30 2023
Jun 14 23
Jun 30 23 |
Jun 30 2023 |
quarterly
quarterly
|
| 2023 |
$0.27
$0.27
|
Mar 14 2023
Mar 14 2023
Mar 31 2023
Mar 14 23
Mar 31 23 |
Mar 31 2023 |
quarterly
quarterly
|
How much dividend does Meritage Homes Corporation pay?
Meritage Homes Corporation most recently paid a dividend of $0.75. Meritage Homes Corporation paid a Dividend of $1.08 Per Share in the financial year 2023. With a stock price of $189.65 at Sep 06 2024, the current dividend yield is 0.57% (calculation: $1.08 / $189.65 = 0.57%). No special dividend was paid.
What is the Meritage Homes Corporation Dividend Yield and payout ratio?
The average Meritage Homes Corporation dividend yield over the last 5 years is 0.24% and the average over the last 10 years is 0.17%.
The payout ratio of Meritage Homes Corporation in relation to the last financial year is 5.42%. The payout ratio smoothed over 3 years is 1.64%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Meritage Homes Corporation |
|---|---|
| Current dividend yield | 0.57% |
| Dividend Yield 5Y | 0.24% |
| Dividend Yield 10Y | 0.17% |
| Payout 1Y | 5.42% |
| Payout 3Y | 1.64% |
Is the Meritage Homes Corporation dividend safe? Continuity & Dividend Growth
Is the Meritage Homes Corporation dividend safe?
Meritage Homes Corporation has been paying a dividend since 1 and has not reduced the dividend since 1 (dividend continuity). As a result, the dividend was recently increased 1-times.
The Dividend Growth in relation to the previous financial year amounts to 100.00%.
| Metric | Meritage Homes Corporation |
|---|---|
| Increased | 1 Year |
| Continuity | 1 Year |
| Paid | 1 Year |
| Growth 1Y | 100.00% |
Continuity
Meritage Homes Corporation has been paying a dividend since 1 and has not reduced the dividend since 1 (dividend continuity). As a result, the dividend was recently increased 1-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 100.00%.
Meritage Homes Corporation Stock Forecast 2024
On the stock exchange, the Meritage Homes Corporation stock (ISIN: US59001A1025) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Meritage Homes Corporation 8.87% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Meritage Homes Corporation stock price in real time at the top of the page.
Meritage Homes Corporation (symbol: MTH) is valued at a Price / Earnings Ratio (P/E ratio) of 8.34 and a price/sales ratio (P/S ratio) of 1.07 valued. Based on analyst estimates, the Meritage Homes Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 9.00 according to P/E ratio and 1.09 according to P/S.
| Metric | Meritage Homes Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
8.87%
|
| P/E TTM | 8.34 |
| P/S TTM | 1.07 |
| P/E forward | 9.00 |
| P/S forward | 1.09 |
Meritage Homes Corporation (symbol: MTH) is valued at a Price / Earnings Ratio (P/E ratio) of 8.34 and a price/sales ratio (P/S ratio) of 1.07 valued. Based on analyst estimates, the Meritage Homes Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 9.00 according to P/E ratio and 1.09 according to P/S.
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