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American Homes 4 Rent Announces Distributions

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American Homes 4 Rent (NYSE: AMH), a prominent provider of rental homes, declared a dividend of $0.10 per share for Q3 2021, payable on September 30, 2021, to shareholders of record on September 15, 2021.

Additionally, the Board announced quarterly distributions on its cumulative redeemable perpetual preferred shares: $0.36719 for Series F and G, and $0.39063 for Series H, also payable on September 30, 2021.

Positive
  • Declared a dividend of $0.10 per common share, indicating a commitment to shareholder returns.
  • Scheduled distributions for preferred shares, showcasing stable cash flow management.
Negative
  • None.

CALABASAS, Calif., Aug. 4, 2021 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that the Board of Trustees declared a dividend of $0.10 per share on the Company's common shares for the third quarter of 2021. The distribution will be payable in cash on September 30, 2021 to shareholders of record on September 15, 2021.

The Board of Trustees also declared a per share quarterly distribution on the Company's cumulative redeemable perpetual preferred shares of $0.36719 per share on the 5.875% Series F shares, $0.36719 per share on the 5.875% Series G shares and $0.39063 per share on the 6.250% Series H shares payable in cash on September 30, 2021 to shareholders of record on September 15, 2021.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of March 31, 2021, we owned 53,984 single-family properties in selected submarkets in 22 states.

Additional information about American Homes 4 Rent is available on our website at www.americanhomes4rent.com.

Forward-Looking Statements

This press release contains "forward-looking statements" that relate to beliefs, expectations or intentions and similar statements concerning matters that are not of historical fact and are generally accompanied by words such as "believe," "expect," "will," "intend," "anticipate" or other words that convey the uncertainty of future events or outcomes. These forward-looking statements include the payment and anticipated timing of the payment of distributions of the Company's common and preferred shares. The Company has based these forward-looking statements on its current expectations and assumptions about future events. While the Company's management considers these expectations to be reasonable, they are inherently subject to risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control and could adversely affect our cash flows and ability to pay distributions. Additional information about these and other important factors that may cause our actual results to differ materially from anticipated results expressed or implied by these forward-looking statements is available in the Company's most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement to conform to actual results or changes in expectations, except as required by applicable law.

Contacts:
American Homes 4 Rent
Investor Relations
Nicholas Fromm
Phone: (855) 794-2447
Email: investors@ah4r.com

American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/american-homes-4-rent-announces-distributions-301348846.html

SOURCE American Homes 4 Rent

FAQ

What is the dividend declared by AMH for Q3 2021?

American Homes 4 Rent declared a dividend of $0.10 per share for Q3 2021.

When will the AMH dividend be paid?

The dividend will be paid on September 30, 2021, to shareholders of record on September 15, 2021.

What are the preferred share distributions for AMH?

AMH announced preferred share distributions of $0.36719 for Series F and G, and $0.39063 for Series H.

What is the significance of the AMH dividend announcement?

The dividend announcement reflects AMH's commitment to returning value to shareholders.

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