SmarterDividends
MTH

Meritage Homes Corporation

MTH

Consumer Cyclical · Residential Construction · Stock · quarterly payer

$59.17

Overvalued · -54% Add to Portfolio

Forward Yield

3.24%

Annual Dividend

$1.92

Payout Ratio

38%

5-Yr Growth

—

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about MTH's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Meritage Homes Corporation (MTH) has a forward dividend yield of 3.24%, based on an annual dividend of $1.92 per share and a share price of $59.17.
  • As of Oct 18, 2026, MTH's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Meritage Homes Corporation (MTH) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • MTH last cut its regular dividend in 1997.
  • MTH's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.48 per share.
  • As of Oct 18, 2026, MTH pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 18, 2026, MTH's 3.24% yield is 96% above its five-year average yield of 1.65%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MTH is $26.97 per share, 54% below the $59.17 share price, so MTH screens as overvalued.
  • Meritage Homes Corporation (MTH) pays its dividend quarterly, 4 times a year.
  • Meritage Homes Corporation (MTH) has raised its regular dividend 4 times and cut it 4 times across the 29 payments on record since 1988. Its most recent change was a 11.6% increase to $0.480 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Dec 23, 1994.
Cite this page

SmarterDividends, "MTH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MTH

Summary

As of Oct 18, 2026, Meritage Homes Corporation (MTH) yields 3.24% ($1.92 a year per share), has a dividend safety grade of B (75/100) and has 3 consecutive years of dividend increases on record.

Is MTH a good dividend stock?

Yes

Meritage Homes Corporation (MTH) pays a quarterly dividend yielding 3.24% ($1.92/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Comfortable payout ratio (38%)

Risks

  • Cut its dividend in 1997

Key Data

Dividend Yield
3.24%
Payout Ratio
38%
Annual Dividend
$1.92
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 15, 2026
Years of Growth
3
Frequency
quarterly
Beta
1.34
Market Cap
$3.9B
P/E Ratio
12.4
5-Yr Total Return
5%
52-Week Range
$56.66 – $85.38
Dividend Safety
B · 75/100
Ever Cut?
Yes (1997)

MTH dividend raises and cuts

Meritage Homes Corporation (MTH) has raised its regular dividend 4 times and cut it 4 times across the 29 payments on record since 1988. Its most recent change was a 11.6% increase to $0.480 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Dec 23, 1994.

Ex-dateChangeOld → newMove
Mar 17, 2026Raise$0.430 → $0.480+11.6%
Mar 17, 2025Raise$0.375 → $0.430+14.7%
Mar 14, 2024Raise$0.135 → $0.375+177.8%
Dec 23, 1994Cut$0.0113 → $0.0019−83.3%
Dec 23, 1993Cut$0.0563 → $0.0113−80.0%
Jun 23, 1992Cut$0.0938 → $0.0563−40.0%
Mar 24, 1992Cut$0.150 → $0.0938−37.5%
Jun 24, 1991Raise$0.0469 → $0.150+220.0%
Every MTH payment →Download every raise and cut (CSV)
MTH ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →MTH dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MTH a good dividend stock?

Yes. Meritage Homes Corporation (MTH) pays a quarterly dividend yielding 3.24% ($1.92/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is MTH undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MTH's fair value is about $26.97 versus a $59.17 share price — so it looks overvalued (-54% vs. fair value).

Is MTH's dividend safe?

MTH has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 1997, debt and yield-versus-history.

What is MTH's fair value?

Our blended fair-value estimate for MTH is about $26.97 per share, about 54% below the current $59.17 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MTH a buy, hold, or sell?

We don't issue formal ratings, but on the data MTH screens as "yes" and overvalued. Meritage Homes Corporation (MTH) pays a quarterly dividend yielding 3.24% ($1.92/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will MTH cut its dividend?

MTH earns a dividend-safety grade of B (75/100), and has cut its dividend before (last in 1997). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MTH pay a dividend?

Yes. Meritage Homes Corporation pays a quarterly dividend of about $1.92 per share annually, a forward yield of roughly 3.24%.

What is MTH's dividend yield?

As of Oct 18, 2026, MTH's forward dividend yield is 3.24%, based on a $1.92 annual dividend and a $59.17 share price.

What is MTH's dividend per share?

As of Oct 18, 2026, MTH pays $1.92 per share per year, distributed on a quarterly basis.

What is MTH's dividend payout ratio?

As of Oct 18, 2026, MTH's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MTH grown its dividend?

As of Oct 18, 2026, MTH has increased its dividend for 3 consecutive years.

When is the next MTH ex-dividend date?

As of Oct 18, 2026, MTH's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.48 per share.

Income Calculator

At $1.92 / yr per share

Per payment (quarterly)$48.00
Annual$192.00
Monthly avg$16.00

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