Trailing Dividend / Share
$1.71
Meritage Homes Corporation (MTH) Dividend History
Income profile from 2023 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.6%
Payout Ratio
26.7%
Sustainable
Dividend Streak
3 years
MTH Dividend Income Check
Safety
26.7% payout ratio with sustainable safety profile.
Consistency
3 straight years of dividend increases.
Income Trend
Yield on cost is 4.2% and trend is unknown.
MTH Dividend Scorecard
Yield & Income
Dividend Yield2.6%
Trailing DPS$1.71
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout26.7%
Earnings SafetySustainable
FCF Payout48.0%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak3 years
3Y CAGRN/A
5Y CAGRN/A
Yield on Cost (5Y)4.2%
YOC Trendunknown
Total Returns
Buyback Yield6.8%
Total Shareholder Yield9.4%
1Y Total Return0.1%
5Y Total Return23.2%
Div Contribution (5Y)7.2%
Estimated $10K growth (return + dividends):
5Y ago$12,31910Y ago$41,94520Y ago$21,376
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MTH Income Growth Story
Dividend per share and yield on cost over time (4 years of payments)
MTH Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Meritage Homes Corporation distributes 26.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 48.0%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
MTH has raised its dividend for 3 consecutive years.
Total Shareholder Returns
Beyond cash dividends, MTH returns capital through share repurchases. The combined picture: 2.6% dividend yield, 6.8% buyback yield, 9.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.2% and is currently unknown. The 5-year total return is 23.2%, with dividends contributing 7.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $41,945 today.
MTH Recent Dividend Payments
Last 13 payments · Annual
TTM Total$4.04
Avg/Payment$0.3106
Latest Change+11.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 17, 2026Latest | $0.4800 | ↑ +11.6% | 2.76% | Mar 31, 2026 |
| Dec 17, 2025 | $0.4300 | — | 2.52% | Dec 31, 2025 |
| Sep 16, 2025 | $0.4300 | — | 2.18% | Sep 30, 2025 |
| Jun 16, 2025 | $0.4300 | — | 2.49% | Jun 30, 2025 |
| Mar 17, 2025 | $0.4300 | ↑ +14.7% | 2.21% | Mar 31, 2025 |
| Dec 17, 2024 | $0.3750 | — | 1.83% | Dec 31, 2024 |
| Sep 16, 2024 | $0.3750 | — | 1.18% | Sep 30, 2024 |
| Jun 14, 2024 | $0.3750 | — | 1.09% | Jun 28, 2024 |
MTH Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
2.6%
#1 of 6
Safety
Sustainable
26.7% payout
Streak
3Y
— 5Y CAGR
Total Shareholder
9.4%
#4 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st MTHMeritage Homes Corpo… | $4.3B | 2.6% | 26.7% | 3 | Sustainable |
 DHID.R. Horton, Inc. | $43.2B | 1.1% | 13.8% | 11 | Sustainable |
2nd  LENLennar Corporation | $19.5B | 2.2% | 25.3% | 12 | Sustainable |
 PHMPulteGroup, Inc. | $23.1B | 0.7% | 8.0% | 7 | Sustainable |
 TOLToll Brothers, Inc. | $13.4B | 0.7% | 7.2% | 5 | Sustainable |
3rd  KBHKB Home | $3.1B | 2.0% | 16.0% | 8 | Sustainable |
MTH Annual Dividend History (1990–2026)
37 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 1 | — | — | — | 1.2% |
| 2025 | $1.72 | 14.7% | 4 | $6.40 | 26.9% | 3.72x | 4.2% |
| 2024 | $1.50 | 344.4% | 4 | $10.72 | 14.0% | 7.15x | 3.7% |
| 2023 | $0.34 | — | 4 | $9.97 | 3.4% | 29.54x | 0.8% |
| 2022 | $0.00 | — | 0 | $13.37 | — | — | — |
| 2021 | $0.00 | — | 0 | $9.65 | — | — | — |
| 2020 | $0.00 | — | 0 | $5.50 | — | — | — |
| 2019 | $0.00 | — | 0 | $3.21 | — | — | — |
| 2018 | $0.00 | — | 0 | $2.79 | — | — | — |
| 2017 | $0.00 | — | 0 | $1.71 | — | — | — |
See MTH's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonMTH — Frequently Asked Questions
Quick answers to the most common questions about buying MTH stock.
How much dividend does MTH pay per share?
Meritage Homes Corporation (MTH) pays a trailing 12-month dividend of $1.71 per share, with a current dividend yield of +2.6%. Payments are made Annual.
When is MTH's next ex-dividend date?
MTH's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MTH typically pays dividends Annual.
Is MTH's dividend safe?
MTH's dividend safety is rated "Sustainable" based on an earnings payout ratio of +26.7% and FCF payout ratio of +48.0%. The 3-year growth streak provides moderate confidence.
Is MTH a Dividend Payer?
Yes, Meritage Homes Corporation is classified as a Dividend Payer with 3 consecutive years of dividend increases. The 5-year dividend CAGR is N/A, demonstrating modest dividend growth.
How often does MTH pay dividends?
Meritage Homes Corporation pays dividends Annual. The trailing 12-month total is $1.71 per share. Dividend data on this page covers 3+ years from 2023 to 2026.
How much would $10,000 invested in MTH grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MTH five years ago would be worth approximately $12,319 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MTH's yield on cost for long-term holders?
MTH's yield on cost — the current dividend divided by the original purchase price — is +4.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.6% market yield, thanks to the lower original cost basis.