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
Very Unsafe
Unsafe
Somewhat Safe
Safe
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 %
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.