Meritage Homes Corporation, the nation's fifth-largest homebuilder, has increased its quarterly cash dividend to $0.48 per share, representing a 12% increase from the prior-year dividend of $0.43 per share. The dividend increase reflects the company's capital allocation strategy and financial position within a competitive homebuilding sector.
The dividend will be distributed on March 31, 2026, to shareholders of record as of March 17, 2026. This marks the latest in a series of dividend adjustments by the homebuilder as it returns capital to investors amid operations in the residential construction market.
The dividend hike demonstrates management's confidence in the company's cash generation capabilities and ongoing business performance. Meritage's dividend policy remains a key component of its investor returns strategy alongside share buybacks and business reinvestment.