Meritage Homes Corporation
MTHConsumer Cyclical · Stock · quarterly payer
$68.19
Add to PortfolioForward Yield
2.82%
Annual Dividend
$1.92
Payout Ratio
32%
5-Yr Growth
—
Ex-Date
Jun 16, 2026
Frequency
Quarterly
MTH Dividend Safety Score
71/ 100
Grade B
Safe
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 1997
Earnings payout coverage32% of earnings paid out
Free-cash-flow coverage92% of free cash flow
Balance-sheet strengthDebt/equity of 0.37
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MTH a good dividend stock?
Yes, with caveatsMeritage Homes Corporation (MTH) pays a quarterly dividend yielding 2.82% ($1.92/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (32%)
- 46% total price return over 5 years
Risks
- Cut its dividend in 1997
Key Data
- Dividend Yield
- 2.82%
- Payout Ratio
- 32%
- Annual Dividend
- $1.92
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 16, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.41
- Market Cap
- $4.6B
- P/E Ratio
- 12.4
- 5-Yr Total Return
- 46%
- 52-Week Range
- $58.03 – $84.74
- Dividend Safety
- B · 71/100
- Ever Cut?
- Yes (1997)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 17, 2026 | — | $0.4800 | regular |
| Dec 17, 2025 | — | $0.4300 | regular |
| Sep 16, 2025 | — | $0.4300 | regular |
| Jun 16, 2025 | — | $0.4300 | regular |
| Mar 17, 2025 | — | $0.4300 | regular |
| Dec 17, 2024 | — | $0.3750 | regular |
| Sep 16, 2024 | — | $0.3750 | regular |
| Jun 14, 2024 | — | $0.3750 | regular |
| Mar 14, 2024 | — | $0.3750 | regular |
| Dec 14, 2023 | — | $0.1350 | regular |
| Sep 14, 2023 | — | $0.1350 | regular |
| Jun 14, 2023 | — | $0.1350 | regular |
| Mar 14, 2023 | — | $0.1350 | regular |
| Dec 26, 1997 | — | $0.0019 | regular |
Income Calculator
At $1.92 / yr per share
Per payment (quarterly)$48.00
Annual$192.00
Monthly avg$16.00
