Loading...
Loading...
- Meritage Homes Corp MTH Board of Directors has approved the initiation of a recurring quarterly cash dividend of $0.27 per share.
- The first dividend will be paid on Mar. 31, 2023, to shareholders of record as of the close of trading on Mar. 15, 2023.
- "I am pleased to announce the Board's decision to adopt a quarterly cash dividend, which reflects confidence in our business strategy and operating performance as well as our commitment to maximize long-term value for shareholders," said CEO Phillippe Lord.
- The company held $861.6 million in cash and equivalents as of Dec. 31, 2022.
- Meritage Homes offers affordable, energy-efficient entry-level and first move-up homes across Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee.
- Price Action: MTH shares closed lower by 2.10% at $110.78 on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in