Meritage Homes Increases Quarterly Cash Dividend And Announces Systematic Share Repurchase Strategy [Yahoo! Finance]
Meritage Homes Corporation (MTH)
Last meritage homes corporation earnings: 4/28 04:30 pm
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US:NYSE Investor Relations:
investors.meritagehomes.com
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Source: Yahoo! Finance
SCOTTSDALE, Ariz., Feb. 22, 2024 (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 $0.75 per share, which increased from the $0.27 per share quarterly dividend in 2023. This dividend is payable on March 29, 2024 to shareholders of record as of the close of trading on March 15, 2024. In addition to the increase in the dividend, Meritage has also instituted a formal share repurchase plan with a minimum buyback commitment of $15 million in each quarter of this fiscal year. In January and February of 2024, the Company has already repurchased its $15 million first quarter amount and an additional $41 million of shares, leaving a minimum of $45 million to be repurchased the rest of the year. Consistent with its dividend policy, Meritage intends to review and renew its share repurchase commitment annually. “We are committed to
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News
- Meritage Homes Announces Two-Part Series Investor Day Webcast Calls [Yahoo! Finance]Yahoo! Finance
- Meritage Homes Announces Two-Part Series Investor Day Webcast CallsGlobeNewswire
- Looking for a Fast-paced Momentum Stock at a Bargain? Consider Meritage (MTH) [Yahoo! Finance]Yahoo! Finance
- Meritage Homes Corporation (NYSE:MTH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Meritage Homes Co. (NYSE: MTH) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
MTH
Earnings
- 4/24/24 - Beat
MTH
Sec Filings
- 4/30/24 - Form S-3ASR
- 4/26/24 - Form 10-Q
- 4/24/24 - Form 8-K
- MTH's page on the SEC website