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American Homes 4 Rent Announces Distributions

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American Homes 4 Rent (NYSE: AMH) declared a $0.10 dividend per common share for Q2 2021, payable on June 30, 2021. Shareholders of record by June 15, 2021 will receive this cash distribution. Additionally, the Board announced quarterly distributions on its cumulative preferred shares: $0.39688 for Series E, $0.36719 for Series F and G, and $0.39063 for Series H, all payable on the same date. The company focuses on single-family home rentals, owning 53,584 properties across 22 states as of December 31, 2020.

Positive
  • Declared a dividend of $0.10 per share for common shares.
  • Quarterly distributions for preferred shares highlight consistent payouts.
  • Company owns 53,584 single-family properties, indicating strong market position.
Negative
  • None.

CALABASAS, Calif., May 6, 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 second quarter of 2021. The distribution will be payable in cash on June 30, 2021 to shareholders of record on June 15, 2021.

The Board of Trustees also declared a per share quarterly distribution on the Company's cumulative redeemable perpetual preferred shares of $0.39688 per share on the 6.350% 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 6.250% Series H shares payable in cash on June 30, 2021 to shareholders of record on June 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 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 December 31, 2020, we owned 53,584 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 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
Anne McGuinness
Phone: (855) 794-2447
Email: investors@ah4r.com

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

 

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SOURCE American Homes 4 Rent

FAQ

What is the dividend declared by American Homes 4 Rent (AMH) for Q2 2021?

American Homes 4 Rent declared a dividend of $0.10 per share for Q2 2021.

When will the dividend for AMH be paid?

The dividend for AMH will be paid on June 30, 2021.

Who are the shareholders eligible for the AMH dividend?

Shareholders of record by June 15, 2021, are eligible for the AMH dividend.

What are the preferred share distributions announced by AMH?

AMH announced distributions of $0.39688 for Series E, $0.36719 for Series F and G, and $0.39063 for Series H.

How many properties does American Homes 4 Rent own?

As of December 31, 2020, American Homes 4 Rent owns 53,584 single-family properties.

AMERICAN HOMES 4 RENT

NYSE:AMH

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13.54B
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REIT - Residential
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United States of America
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