Meritage Homes Announces Quarterly Cash Dividend
Rhea-AI Summary
Meritage Homes (NYSE: MTH), the fifth-largest homebuilder in the United States, has announced a quarterly cash dividend of $0.43 per share. The dividend will be paid on June 30, 2025, to shareholders who are on record as of the close of trading on June 16, 2025.
Positive
- Regular dividend payment demonstrates financial stability and commitment to shareholder returns
- Maintains consistent cash returns to shareholders
Negative
- None.
News Market Reaction
On the day this news was published, MTH gained 0.44%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SCOTTSDALE, Ariz., May 22, 2025 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of
About Meritage Homes Corporation
Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina.
Meritage has delivered almost 200,000 homes in its 40-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA's Indoor airPLUS Leader Award.
For more information, visit www.meritagehomes.com.
| Contacts: | Emily Tadano, VP Investor Relations and External Communications (480) 515-8979 (office) investors@meritagehomes.com | |