American Homes 4 Rent Announces Distributions

Rhea-AI Summary

American Homes 4 Rent (NYSE: AMH) announced a quarterly dividend of $0.18 per common share for Q4 2022. This distribution will be payable on December 30, 2022 to shareholders of record as of December 15, 2022. Additionally, distributions for preferred shares include $0.36719 for Series G and $0.39063 for Series H, also payable on December 30, 2022. As of September 30, 2022, the company owned 58,961 single-family properties across the U.S. regions.

Positive

• Declared a quarterly dividend of $0.18 per common share, indicating stable cash flow.
• Strong ownership of 58,961 single-family homes enhances rental income potential.

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• None.

LAS VEGAS, Nov. 10, 2022 /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 $0.18 per share on the Company's common shares for the fourth quarter of 2022. The distribution will be payable in cash on December 30, 2022 to shareholders of record on December 15, 2022.

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 G shares and $0.39063 per share on the 6.250% Series H shares payable in cash on December 30, 2022 to shareholders of record on December 15, 2022.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a leading single-family property owner, leasing operator, and build-to-rent developer. Recent achievements include being named one of the 2022 Best Workplaces in Real Estate™ by Fortune, a 2022 Great Place to Work®, a 2022 Top U.S. Homebuilder by Builder100, one of America's Most Responsible Companies 2022 and America's Most Trusted Companies 2022 by Newsweek and Statista, and a Top ESG Regional Performer by Sustainalytics. We are an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing, and managing homes as rental properties. As of September 30, 2022, we owned 58,961 single-family properties in the Southeast, Midwest, Southwest and Mountain West regions of the United 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

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SOURCE American Homes 4 Rent

FAQ

What is the dividend amount declared by American Homes 4 Rent for Q4 2022?

American Homes 4 Rent declared a dividend of $0.18 per share for Q4 2022.

When will the dividend for American Homes 4 Rent be paid?

The dividend will be payable on December 30, 2022.

What is the record date for the dividend distribution by AMH?

The record date for the dividend distribution is December 15, 2022.

What distributions were declared for preferred shares of AMH?

The preferred shares' distributions are $0.36719 for Series G and $0.39063 for Series H, both payable on December 30, 2022.

How many properties does American Homes 4 Rent own?

As of September 30, 2022, American Homes 4 Rent owned 58,961 single-family properties.