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American Homes 4 Rent Announces Distributions

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American Homes 4 Rent (NYSE: AMH) announced a fourth-quarter dividend of $0.10 per share, payable on December 31, 2021, to shareholders of record by December 15, 2021. Additionally, the Company declared distributions for its cumulative redeemable perpetual preferred shares: $0.36719 per share on Series F and G, and $0.39063 per share on Series H, also payable on December 31, 2021. As of June 30, 2021, AMH owned 54,785 single-family properties across 22 states.

Positive
  • Declaration of a dividend of $0.10 per share for Q4 2021.
  • Distributions for preferred shares show financial stability.
  • Ownership of 54,785 single-family properties indicates strong portfolio.
Negative
  • None.

CALABASAS, Calif., Nov. 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 fourth quarter of 2021. The distribution will be payable in cash on December 31, 2021 to shareholders of record on December 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 December 31, 2021 to shareholders of record on December 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 resident 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 June 30, 2021, we owned 54,785 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-301417143.html

SOURCE American Homes 4 Rent

FAQ

What is the dividend amount declared by American Homes 4 Rent (AMH) for Q4 2021?

The dividend amount declared is $0.10 per share for Q4 2021.

When will the dividend be payable for AMH shareholders?

The dividend will be payable on December 31, 2021, to shareholders of record by December 15, 2021.

What are the preferred share distributions declared by AMH?

AMH declared $0.36719 per share on Series F and G, and $0.39063 per share on Series H.

How many single-family properties does American Homes 4 Rent own?

As of June 30, 2021, AMH owned 54,785 single-family properties.

In how many states does American Homes 4 Rent operate?

American Homes 4 Rent operates in 22 states.

AMERICAN HOMES 4 RENT

NYSE:AMH

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14.00B
368.87M
7.7%
90.64%
2.87%
REIT - Residential
Real Estate Investment Trusts
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United States of America
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