{"id":6827,"date":"2024-11-22T07:30:00","date_gmt":"2024-11-22T00:30:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/11\/22\/2985708\/6889\/en\/Meritage-Homes-Announces-Quarterly-Cash-Dividend-and-250M-Increase-to-Share-Repurchase-Authorization.html2985708"},"modified":"2024-11-22T07:42:28","modified_gmt":"2024-11-22T00:42:28","slug":"meritage-homes-announces-quarterly-cash-dividend-and-250m-increase-to-share-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/meritage-homes-announces-quarterly-cash-dividend-and-250m-increase-to-share-repurchase-authorization\/","title":{"rendered":"Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization"},"content":{"rendered":"\n

SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH, \u201cMeritage\u201d or the \u201cCompany\u201d), 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. This dividend is payable on December 31, 2024 to shareholders of record as of the close of trading on December 17, 2024.<\/p>\n

Meritage also announced that its Board of Directors has approved a $250 million increase to the Company\u2019s share repurchase authorization. This increase combined with $15 million in systematic buybacks on a quarter to date basis brings the Company\u2019s total authorized share repurchase program to $334 million as of November 21, 2024.<\/p>\n

About Meritage Homes Corporation<\/strong><\/p>\n

Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2023. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.<\/p>\n

Meritage has delivered over 190,000 homes in its 38-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency\u2019s (EPA) ENERGY STAR\u00ae Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA’s Indoor airPLUS Leader Award.<\/p>\n

For more information, visit www.meritagehomes.com<\/a>.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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