Meritage Homes Corporation (MTH) to Issue Quarterly Dividend of $0.48 on June 30th

Posted by Francis Steltz on May 23rd, 2026

Meritage Homes Corporation (NYSE:MTH – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 16th will be paid a dividend of 0.48 per share by the construction company on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, June 16th.

Meritage Homes has a payout ratio of 21.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Meritage Homes to earn $6.35 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 30.2%.

Meritage Homes Price Performance

Shares of MTH opened at $64.26 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a 50 day simple moving average of $64.01 and a 200 day simple moving average of $68.76. Meritage Homes has a 52-week low of $58.03 and a 52-week high of $84.74. The firm has a market capitalization of $4.29 billion, a PE ratio of 11.79, a P/E/G ratio of 2.82 and a beta of 1.43.

Meritage Homes (NYSE:MTH – Get Free Report) last released its earnings results on Wednesday, April 22nd. The construction company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.12). The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.55 billion. Meritage Homes had a net margin of 6.86% and a return on equity of 8.08%. The company’s revenue was down 17.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.69 EPS. Sell-side analysts predict that Meritage Homes will post 5.01 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Javier Feliciano sold 3,580 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $76.24, for a total transaction of $272,939.20. Following the sale, the executive vice president owned 44,935 shares in the company, valued at $3,425,844.40. This represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Alison Sasser sold 1,273 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $62.11, for a total value of $79,066.03. Following the sale, the chief accounting officer owned 7,634 shares in the company, valued at approximately $474,147.74. This represents a 14.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 48,895 shares of company stock worth $3,719,339. 2.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Meritage Homes

Institutional investors and hedge funds have recently made changes to their positions in the stock. Alps Advisors Inc. bought a new stake in shares of Meritage Homes during the 3rd quarter worth approximately $4,731,000. Lodge Hill Capital LLC bought a new stake in shares of Meritage Homes during the 3rd quarter worth approximately $21,729,000. Principal Financial Group Inc. raised its stake in shares of Meritage Homes by 13.1% during the 3rd quarter. Principal Financial Group Inc. now owns 402,664 shares of the construction company’s stock worth $29,165,000 after purchasing an additional 46,554 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of Meritage Homes by 84.2% during the 3rd quarter. Rafferty Asset Management LLC now owns 107,394 shares of the construction company’s stock worth $7,779,000 after purchasing an additional 49,101 shares in the last quarter. Finally, Abacus Wealth Partners LLC bought a new stake in shares of Meritage Homes during the 4th quarter worth approximately $1,880,000. Institutional investors own 98.44% of the company’s stock.

About Meritage Homes

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Meritage Homes Corporation is a national homebuilder and residential developer headquartered in Scottsdale, Arizona. Founded in 1985 as Winchester Homes and later rebranded to Meritage Homes, the company specializes in designing, constructing and selling single‐family detached and attached homes. With a focus on energy efficiency and sustainable building practices, Meritage Homes markets its properties under the GreenSmart program, which integrates high‐performance features aimed at reducing long‐term energy and water consumption for homebuyers.

The company’s core activities encompass land acquisition, residential community planning, home design, construction management and real estate sales.