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12 March
Ex-Dividend Reminder: Meritage Homes, Macy's and Endeavor Group Holdings

Looking at the universe of stocks we cover at Dividend Channel, on 3/14/24, Meritage Homes Corp (Symbol: MTH), Macy's Inc (Symbol: M), and Endeavor Group Holdings Inc (Symbol: EDR) will all trade ex-dividend for their respective upcoming dividends. Meritage Homes Corp will pay its quarterly dividend of $0.75 on 3/29/24, Macy's Inc will pay its quarterly dividend of $0.1737 on 4/1/24, and Endeavor Group Holdings Inc will pay its quarterly dividend of $0.06 on 3/29/24. As a percentage of MTH's recent stock price of $157.79, this dividend works out to approximately 0.48%, so look for shares of Meritage Homes Corp to trade 0.48% lower — all else being equal — when MTH shares open for trading on 3/14/24. Similarly, investors should look for M to open 0.85% lower in price and for EDR to open 0.24% lower, all else being equal.

Below are dividend history charts for MTH, M, and EDR, showing historical dividends prior to the most recent ones declared.

Meritage Homes Corp (Symbol: MTH):

MTH+Dividend+History+Chart

Macy's Inc (Symbol: M):

M+Dividend+History+Chart

Endeavor Group Holdings Inc (Symbol: EDR):

EDR+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.90% for Meritage Homes Corp, 3.38% for Macy's Inc, and 0.96% for Endeavor Group Holdings Inc.

Free Report: Top 8%+ Dividends (paid monthly)

In Tuesday trading, Meritage Homes Corp shares are currently down about 1.3%, Macy's Inc shares are down about 2.8%, and Endeavor Group Holdings Inc shares are up about 1.9% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.