MARKET WIRE NEWS

Meritage Homes Increases Quarterly Cash Dividend

MWN-AI** Summary

Meritage Homes Corporation (NYSE: MTH), the fifth-largest homebuilder in the United States, has announced a significant increase in its quarterly cash dividend. On February 19, 2026, the company declared a dividend of $0.48 per share, reflecting a robust 12% increase from the previous year’s quarterly dividend of $0.43. This dividend will be payable on March 31, 2026, to shareholders on record as of March 17, 2026.

Meritage Homes, based in Scottsdale, Arizona, has carved a niche in the competitive homebuilding industry by specializing in energy-efficient and affordable homes, targeting entry-level and first move-up buyers. The company operates in key markets across the United States, including states such as Texas, California, and Florida, and has a history of delivering over 210,000 homes in its 40 years of business.

The increase in the quarterly dividend indicates Meritage's strong financial performance and commitment to returning value to its shareholders. The company's reputation is further bolstered by its innovative approach to residential construction, being recognized as a leader in energy-efficient homebuilding. Meritage has received multiple awards from the U.S. Environmental Protection Agency (EPA), including the ENERGY STAR® Partner of the Year for Sustained Excellence and the Residential New Construction Market Leader Award.

In conclusion, Meritage Homes' decision to elevate its dividend is a positive signal to investors, showcasing its financial strength and dedication to sustainable practices in homebuilding. For more details, stakeholders can visit the company’s official website at www.meritagehomes.com or contact the Investor Relations department for inquiries.

MWN-AI** Analysis

Meritage Homes Corporation (NYSE: MTH) recently announced a noteworthy 12% increase in its quarterly cash dividend from $0.43 to $0.48 per share, which will be payable on March 31, 2026. This decision reflects the company’s strong operational performance and commitment to returning value to shareholders. As the fifth-largest homebuilder in the U.S., Meritage is well-positioned in the housing market, particularly focusing on energy-efficient and affordable homes across several states.

The increase in dividends signals confidence in the company’s financial health and growth prospects. With the current phase of rising interest rates and fluctuating demand in the housing market, Meritage's commitment to delivering sustainable and energy-efficient homes positions it advantageously amid consumer trends increasingly leaning towards sustainability. The company's background in energy-efficient construction makes it a competitive player, especially in markets sensitive to rising utility costs.

Moreover, the company's solid historical performance, with over 210,000 homes delivered in its 40 years, demonstrates resilience and scalability. Investors should consider that such dividend increases typically indicate robust earnings and cash flow, both of which are crucial during economic fluctuations.

Investors looking for stability may find Meritage a compelling option, especially given its history of innovation and customer satisfaction, evidenced by its multiple EPA awards. The upcoming dividend not only invites income-oriented investors but also underscores the company’s strategic direction in navigating market dynamics.

In summary, Meritage Homes presents a favorable investment opportunity, combining consistent dividend growth with a reputation for quality and sustainability in a critical industry. Monitoring construction trends and regional market dynamics will be essential for stakeholders as they assess the company’s performance and future growth trajectory.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SCOTTSDALE, Ariz., Feb. 19, 2026 (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 $0.48 per share, a 12% increase year-over-year from the quarterly dividend of $0.43 per share in 2025. This dividend is payable on March 31, 2026 to shareholders of record as of the close of trading on March 17, 2026.

About Meritage Homes Corporation

Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2025. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina.

Meritage has delivered over 210,000 homes in its 40-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’s (EPA) ENERGY STAR® 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.

For more information, visit www.meritagehomes.com.

Contacts:Emily Tadano, VP Investor Relations and External Communications
 (480) 515-8979 (office)
 investors@meritagehomes.com



FAQ**

What factors contributed to the 12% increase in the quarterly dividend of Meritage Homes Corporation (MTH) from $0.43 in 2025 to $0.48 in 2026?

The 12% increase in Meritage Homes Corporation's quarterly dividend from $0.43 to $0.48 was driven by strong financial performance, increased revenue and profits, robust cash flow generation, and a commitment to returning value to shareholders.

How does Meritage Homes Corporation (MTH) plan to sustain its growth and maintain its position as the fifth-largest homebuilder in the U.S.?

Meritage Homes Corporation plans to sustain its growth and maintain its position as the fifth-largest homebuilder in the U.S. by focusing on innovation in energy-efficient homebuilding, expanding into high-demand markets, and enhancing customer experiences through technology and design.

What strategies is Meritage Homes Corporation (MTH) implementing to enhance its reputation for energy-efficient homebuilding in the competitive housing market?

Meritage Homes Corporation (MTH) is enhancing its reputation for energy-efficient homebuilding by integrating advanced energy-saving technologies, promoting sustainable construction practices, and emphasizing their commitment to environmentally-friendly designs in marketing efforts.

Can you provide insights on the geographic markets where Meritage Homes Corporation (MTH) operates and how they impact the company's revenue and growth potential?

Meritage Homes operates primarily in the southwestern and southeastern U.S. markets, where strong demand for affordable housing, population growth, and favorable economic conditions enhance the company's revenue potential and long-term growth prospects.

**MWN-AI FAQ is based on asking OpenAI questions about Meritage Homes Corporation (NYSE: MTH).

Meritage Homes Corporation

NASDAQ: MTH

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