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American Homes 4 Rent Announces Distributions

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American Homes 4 Rent (NYSE: AMH) declared a dividend of $0.05 per common share for Q3 2020, payable on September 30 to shareholders of record on September 15. Additionally, the company announced distributions on its cumulative redeemable perpetual preferred shares, including $0.40625 for Series D, $0.39688 for Series E, and $0.39063 for Series H, also payable on September 30. As of March 31, 2020, AMH owned 52,776 single-family properties across 22 states.

Positive
  • Declared a common share dividend of $0.05, reflecting strong cash flow.
  • Maintained preferred share distributions, indicating financial stability.
  • Owns 52,776 single-family homes in 22 states, highlighting extensive market presence.
Negative
  • None.

AGOURA HILLS, Calif., Aug. 5, 2020 /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 $0.05 per share on the Company's common shares for the third quarter of 2020. The distribution will be payable in cash on September 30, 2020 to shareholders of record on September 15, 2020.

The Board of Trustees also declared a per share quarterly distribution on the Company's cumulative redeemable perpetual preferred shares of $0.40625 per share on the 6.5% Series D shares, $0.39688 per share on the 6.35% Series E shares, $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 6.25% Series H shares payable in cash on September 30, 2020 to shareholders of record on September 15, 2020.

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 fast becoming 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, 2020, we owned 52,776 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.

Investor Relations:
Phone: (855) 794-2447
Email: investors@ah4r.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/american-homes-4-rent-announces-distributions-301107234.html

SOURCE American Homes 4 Rent

FAQ

What is the AMH dividend amount for Q3 2020?

American Homes 4 Rent declared a dividend of $0.05 per common share for Q3 2020.

When will the AMH dividend be paid?

The dividend is payable on September 30, 2020, to shareholders of record on September 15, 2020.

What is the preferred share dividend for AMH?

The company announced various distributions for preferred shares, including $0.40625 for Series D and $0.39063 for Series H.

How many properties does American Homes 4 Rent own?

As of March 31, 2020, American Homes 4 Rent owned 52,776 single-family properties.

In how many states does AMH operate?

American Homes 4 Rent operates in 22 states across the U.S.

AMERICAN HOMES 4 RENT

NYSE:AMH

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13.86B
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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