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Stock impact report

Meritage Homes Dividend Increase And Board Shift Raise Sustainability Questions [Yahoo! Finance]

Meritage Homes Corporation (MTH) 
Last meritage homes corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.meritagehomes.com
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Meritage Homes (NYSE:MTH) has approved a 12% increase in its quarterly dividend. The company also announced that board member Dennis V. Arriola plans to resign, after which the Board of Directors will be reduced in size. For you as an investor, the dividend hike and board change at Meritage Homes come alongside a backdrop of mixed but generally positive recent returns. The stock closed at $75.42, with a 9.0% gain over the past 30 days and a 13.9% gain year to date, while the past week shows a 3.1% decline. Over longer periods, the shares are up 44.2% over 3 years and 82.3% over 5 years, with a 6.7% return over the past year. The higher dividend indicates that management is currently returning more cash to shareholders, while the upcoming board resignation and size reduction mark a shift in governance that you may want to track. Together, these moves outline Show less Read more
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