Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization

Core Points - Meritage Homes Corporation declared a quarterly dividend of $0.75 per share, payable on December 31, 2024, to shareholders of record as of December 17, 2024 [1] - The Board of Directors approved a $250 million increase to the Company's share repurchase authorization, bringing the total authorized share repurchase program to $334 million as of November 21, 2024 [2] - Meritage is the fifth-largest public homebuilder in the U.S., offering energy-efficient and affordable homes across multiple states [3] - The Company has delivered over 190,000 homes in its 38-year history and is recognized for its quality construction and customer experience [4]