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Meritage Homes Announces Quarterly Cash Dividend
Meritage Homes Announces Quarterly Cash Dividend

Yahoo

time22-05-2025

  • Business
  • Yahoo

Meritage Homes Announces Quarterly Cash Dividend

SCOTTSDALE, Ariz., May 22, 2025 (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 $0.43 per share. This dividend is payable on June 30, 2025 to shareholders of record as of the close of trading on June 16, 2025. About Meritage Homes Corporation Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. 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 almost 200,000 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 Contacts: Emily Tadano, VP Investor Relations and External Communications (480) 515-8979 (office) investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

LG PARTNERS WITH CSC TO STRENGTHEN POSITION IN NORTH AMERICAN COMMERCIAL LAUNDRY MARKET
LG PARTNERS WITH CSC TO STRENGTHEN POSITION IN NORTH AMERICAN COMMERCIAL LAUNDRY MARKET

Yahoo

time21-05-2025

  • Business
  • Yahoo

LG PARTNERS WITH CSC TO STRENGTHEN POSITION IN NORTH AMERICAN COMMERCIAL LAUNDRY MARKET

LG to Supply Advanced Commercial Washers and Dryers to CSC, North America's Largest Provider of B2B Laundry Solutions ENGLEWOOD CLIFFS, N.J., May 21, 2025 /PRNewswire/ -- LG Electronics USA will supply its advanced commercial washers and dryers to CSC ServiceWorks (CSC), the largest provider of technology-enabled laundry services for the multifamily, academic and hospitality markets in the United States and Canada. Under a new distribution agreement with CSC, LG aims to further strengthen its presence in the U.S. commercial laundry market and accelerate the growth of its B2B appliance business, according to Sam Kim, president of appliance solutions, LG Electronics USA. "Commercial laundry represents an important category for LG, and our exciting new collaboration with CSC supports our aggressive B2B growth strategy in the U.S.," Kim said. "The combination of LG's world-class laundry innovations and CSC's extensive B2B laundry services network will benefit facility operators and end-users alike." For CSC ServiceWorks, the agreement ensures a stable supply of high-efficiency LG products – all designed to provide easy maintenance and maximum operational efficiency in demanding commercial environments. "LG's commitment to quality and leadership in design and technology aligns with our philosophy to make life easier by providing seamless experiences and world-class service to millions of consumers, property managers and owners every day," said Rod Castellanos, CEO of CSC, which supplies and manages approximately 1.5 million commercial washers and dryers across the U.S. and Canada. LG commercial laundry solutions incorporate its advanced Inverter Direct Drive™ motor, delivering premium performance, durability and efficiency. The machines also feature LG's innovative 3D Gyro Sensor and Balancing Systems that precisely monitor drum movement to reduce unnecessary motion, vibration and noise – extending component lifespan and ensuring smooth, stable operation. In the United States, LG's commercial laundry lineup includes 3.7- to 5.2-cubic-foot washers and dryers ranging from 7.3- to 9.0-cubic-feet models. Ideal for high-usage environments, the units offer fast cycle times, rapid spin initiation and a front-access design that simplifies maintenance by allowing most servicing to be done without disassembly, minimizing downtime and improving technician efficiency. About LG Electronics USALG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, consumer electronics products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. and About CSC ServiceWorksCSC is the leading consumer services platform company throughout the United States and Canada that delivers technology-enabled laundry services in the multifamily, academic and hospitality markets, as well as tire inflation services in the convenience store and gas station space. Mellville, N.Y.-based CSC works to make life easier by providing seamless experiences and world-class service to millions of consumers, property managers and owners every day. Media Contacts: LG Electronics USA John I. Taylor +1 201 816 2166 Katy Donnelly +1 917 664 1758 CSC ServiceWorks Darcey Leachdarcey@ 303 682 5005 View original content to download multimedia: SOURCE LG Electronics USA Sign in to access your portfolio

Meritage Homes Extends Partnership with Operation Homefront, Donating Two Mortgage-Free Homes to Military Families in Colorado and North Carolina
Meritage Homes Extends Partnership with Operation Homefront, Donating Two Mortgage-Free Homes to Military Families in Colorado and North Carolina

Yahoo

time20-05-2025

  • Business
  • Yahoo

Meritage Homes Extends Partnership with Operation Homefront, Donating Two Mortgage-Free Homes to Military Families in Colorado and North Carolina

The homebuilder's 12th year partnering with Operation Homefront's Permanent Homes for Veterans program SCOTTSDALE, Ariz., May 20, 2025 (GLOBE NEWSWIRE) -- Meritage Homes has extended its partnership with Operation Homefront's Permanent Homes for Veterans Program to donate two brand new, mortgage-free homes for veteran families in Colorado Springs, Colorado and Raleigh, North Carolina. This marks the Company's 12th year partnering with the organization and 22 total donations to date. 'We are honored to deliver new homes to deserving military families who have given so much to our country. It's a privilege for us to help them achieve a fresh start to a new future and build roots in their communities,' shares Phillippe Lord, CEO of Meritage Homes. 'Thank you to our employees and trade partners for their time and effort. We're proud to continue our long-standing partnership with Operation Homefront and look forward to welcoming this year's recipients into their new, mortgage-free Meritage homes.' The new homes will be in the Lorson Ranch community located in Colorado Springs, CO and in the River Glen community in Angier, NC. Both homes offer an open-concept floorplan with designer-curated interiors and energy-efficient features, including ENERGY STAR® appliances, a multispeed HVAC system, and spray-foam insulation. Each house is also outfitted with a smart home suite that gives homeowners the ability to set the thermostat, control security devices and more through a convenient app. This year's recipients will be announced in September and presented the keys at ceremonies in November around Veterans Day. 'We are grateful for Meritage Homes' unwavering commitment to our mission to build strong, stable and secure military families,' said Rear Adm. Alan Reyes, US Navy (Ret.), Operation Homefront President & CEO. 'Each family receives more than a house, they are being given a place to call home, where they can gather to establish new traditions, create beautiful memories and realize life-changing dreams with generational impact.' For more information about the Meritage's partnership with Operation Homefront, please visit: About Meritage Homes Corporation: Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. 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 almost 200,000 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 About Operation Homefront: Operation Homefront is a national nonprofit organization whose mission is to build strong, stable, and secure military families so that they can thrive – not simply struggle to get by – in the communities they have worked so hard to protect. Recognized for superior performance by leading independent charity oversight groups, 83 percent of Operation Homefront expenditures go directly to programs that support tens of thousands of military families each year. Operation Homefront provides critical financial assistance, transitional and permanent housing, and family support services to prevent short-term needs from turning into chronic, long-term struggles. Thanks to the generosity of our donors and the support from thousands of volunteers, Operation Homefront proudly serves America's military families. For more information, visit Contact:Emily Tadano, VP Investor Relations and External Communications (480) 515-8979 media@

Pearl Teams Up With LG Air Conditioning Technologies USA to Prioritize the Benefits of Home Performance Upgrades
Pearl Teams Up With LG Air Conditioning Technologies USA to Prioritize the Benefits of Home Performance Upgrades

Miami Herald

time18-02-2025

  • Business
  • Miami Herald

Pearl Teams Up With LG Air Conditioning Technologies USA to Prioritize the Benefits of Home Performance Upgrades

New Program Will Help Homeowners Understand and Capture the Full Value of LG's High-Performance Heating and Cooling Solutions CHARLOTTESVILLE, VIRGINIA / ACCESS Newswire / February 18, 2025 / Pearl, the national standard for home performance rating, announces a strategic relationship with LG Air Conditioning Technologies USA to help US homeowners make smarter decisions about their home's comfort and value. This collaboration combines Pearl comprehensive performance measurement with LG's advanced comfort solutions. "This relationship reflects our mission to make home performance visible and valuable," said Cynthia Adams, CEO at Pearl. "When homeowners invest in high-performance heating and cooling systems, they deserve to understand how these improvements benefit their daily lives and their home's long-term value." Through this program, LG Pro Dealers will be equipped to show homeowners how high-performance heating and cooling solutions can: Enhance indoor comfort and air quality (Safety)Create consistent temperatures throughout the home (Comfort)Reduce monthly operating costs (Operations)Maintain performance in extreme weather (Resilience)Optimize energy usage (Energy) "At LG, we are always striving to offer the best possible solutions to our customers," said Dustin Ketchem, Senior Business Development Manager at LG Air Conditioning Technologies. "LG has pioneered high-performance, residential heating and cooling with features like its LGRED° Technology and LG ThinQ® app connectivity. Working with Pearl allows us to demonstrate how our range of HVAC solutions contribute to overall home performance." About LG Air Conditioning Technologies USALG Electronics USA's Air Conditioning Technologies business is based in Alpharetta, Ga. LG is a leading player in the global air conditioning market, manufacturing both commercial and residential air conditioners and building management solutions. From consumer and individual units to industrial and specialized air conditioning systems, LG provides a wide range of products for heating, ventilating, air conditioning, water heating, and building controls. Eleven-time ENERGY STAR® Partner of the Year, LG Electronics USA (based in Englewood Cliffs, N.J.), is a North American subsidiary of LG Electronics Inc., a multi-billion global technology and manufacturing company. For more information, please visit About Pearl: Pearl is on a mission to make home performance matter. Through Pearl Score, the national standard for rating home performance, Pearl helps homeowners understand and improve how their homes perform across five key areas: Safety, Comfort, Operations, Resilience, and Energy management (SCORE). By making performance visible and valuable, Pearl empowers better decisions about buying, improving, and selling homes. As Pearl Score expands across America, it is becoming a staple in real estate transactions by helping all parties understand and value the performance differences between homes. Learn more at SOURCE: Pearl press release

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