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Meritage Homes Corporation Dividends

MTH Stock Analysis

Page title

Section title

Dividend Yield
1.47%
Payout Ratio
8.97%
Dividend Amount Per Share
$2.04
Last Ex-Dividend Date
Sep 16, 2024

MTH Dividend Safety

MTH paid out 8.97% of its $739M earnings as dividends over the last 12 months.

Somewhat Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

MTH's Dividend Payout Ratio of 8.971% is considered safe for the Consumer Cyclical sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

MTH's Interest Coverage Ratio of 0 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

MTH demonstrates poor income quality with a ratio of 0.481. This indicates low-quality earnings and high risk of dividend cuts.

MTH Dividend Growth

Meritage Homes Corporation(MTH) offers a dividend yield of 1.47% and pays $2.04 in dividends per share. Explore the historical dividend growth of MTH.

Dividend Stability

MTH has a limited dividend history, making stability analysis difficult.

Dividend Growth

MTH's dividend payments have increased by 22.67% annually over the last 5 years.

Earnings Growth

MTH's earnings have grown by 24.231% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

MTH Dividend Yield Attractiveness

Meritage Homes Corporation(MTH) provides a dividend yield of 1.47%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Peers

MTH

Industry

Sector

1.08%

1.47%

1.53%

3.31%

Dividend Yield

MTH's dividend yield of 1.47% is considered good compared to the sector average of 3.305%, providing a strong safety margin for investors.

MTH Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Meritage Homes Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.