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AMH Announces Distributions

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AMH (NYSE: AMH), a leading single-family rental home owner and operator, has announced its Q3 2024 dividend distributions. The company will pay $0.26 per share on common shares, payable on September 30, 2024, to shareholders of record on September 13, 2024. Additionally, AMH declared quarterly distributions on its preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares, both payable on the same dates as the common share dividend.

AMH, a Maryland REIT, focuses on acquiring, developing, renovating, and managing single-family rental properties. As of June 30, 2024, the company owned nearly 60,000 properties across various U.S. regions. AMH has received recognition as a top workplace and responsible company in recent years.

AMH (NYSE: AMH), un importante proprietario e gestore di case in affitto unifamiliari, ha annunciato le sue distribuzioni di dividendi per il terzo trimestre del 2024. L'azienda pagherà 0,26 $ per azione sulle azioni ordinarie, che saranno pagate il 30 settembre 2024, agli azionisti registrati il 13 settembre 2024. Inoltre, AMH ha dichiarato distribuzioni trimestrali sulle sue azioni privilegiate: 0,36719 $ per azione per le azioni di Serie G al 5,875% e 0,39063 $ per azione per le azioni di Serie H al 6,250%, entrambe pagabili nelle stesse date del dividendo delle azioni ordinarie.

AMH, un REIT del Maryland, si concentra sull'acquisizione, sviluppo, ristrutturazione e gestione di proprietà in affitto unifamiliari. Al 30 giugno 2024, l'azienda possedeva quasi 60.000 proprietà in varie regioni degli Stati Uniti. AMH ha ricevuto riconoscimenti come miglior posto di lavoro e azienda responsabile negli ultimi anni.

AMH (NYSE: AMH), un importante propietario y operador de casas de alquiler unifamiliares, ha anunciado sus distribuciones de dividendos del tercer trimestre de 2024. La compañía pagará 0,26 $ por acción en acciones comunes, pagaderos el 30 de septiembre de 2024, a los accionistas registrados el 13 de septiembre de 2024. Además, AMH declaró distribuciones trimestrales sobre sus acciones preferentes: 0,36719 $ por acción para las acciones de la Serie G al 5,875% y 0,39063 $ por acción para las acciones de la Serie H al 6,250%, ambas pagaderas en las mismas fechas que el dividendo de las acciones comunes.

AMH, un REIT de Maryland, se centra en adquirir, desarrollar, renovar y gestionar propiedades de alquiler unifamiliares. A fecha del 30 de junio de 2024, la compañía poseía casi 60,000 propiedades en varias regiones de EE. UU. AMH ha recibido reconocimientos como un lugar de trabajo destacado y una empresa responsable en los últimos años.

AMH (NYSE: AMH)는 주요 단독 주택 임대 소유자 및 운영자로서 2024년 3분기 배당금 분배를 발표했습니다. 이 회사는 주당 0.26달러를 보통주 주주에게 지급하며, 2024년 9월 30일에 지급되고, 2024년 9월 13일에 주주로 등록된 주주를 대상으로 합니다. 또한, AMH는 우선주에 대한 분기 배당금을 선언했습니다: 주당 0.36719달러의 5.875% G 시리즈 주식과 주당 0.39063달러의 6.250% H 시리즈 주식으로, 둘 다 보통주 배당금과 동일한 날짜에 지급됩니다.

메릴랜드 주의 REIT인 AMH는 단독 주택 임대 부동산의 인수, 개발, 리노베이션 및 관리를 전문으로 합니다. 2024년 6월 30일 기준으로, 이 회사는 미국의 다양한 지역에서 거의 60,000개의 부동산을 소유하고 있습니다. AMH는 최근 몇 년 동안 최고의 직장 및 책임 있는 기업으로 인정을 받았습니다.

AMH (NYSE: AMH), un acteur majeur dans la location de maisons unifamiliales, a annoncé ses distributions de dividendes pour le troisième trimestre 2024. L'entreprise paiera 0,26 $ par action sur les actions ordinaires, payable le 30 septembre 2024, aux actionnaires inscrits le 13 septembre 2024. De plus, AMH a déclaré des distributions trimestrielles sur ses actions privilégiées : 0,36719 $ par action pour les actions de la série G à 5,875 % et 0,39063 $ par action pour les actions de la série H à 6,250 %, toutes deux payables aux mêmes dates que le dividende des actions ordinaires.

AMH, un REIT du Maryland, se concentre sur l'acquisition, le développement, la rénovation et la gestion de propriétés de location unifamiliales. Au 30 juin 2024, l'entreprise possédait près de 60 000 propriétés dans diverses régions des États-Unis. AMH a été reconnue ces dernières années comme un excellent lieu de travail et une entreprise responsable.

AMH (NYSE: AMH), ein führender Eigentümer und Betreiber von Einfamilienhäusern zur Miete, hat seine Dividendenzahlungen für das dritte Quartal 2024 angekündigt. Das Unternehmen wird 0,26 $ pro Aktie auf Stammaktien zahlen, zahlbar am 30. September 2024, an Aktionäre, die am 13. September 2024 registriert sind. Darüber hinaus hat AMH vierteljährliche Ausschüttungen auf seine Vorzugsaktien bekannt gegeben: 0,36719 $ pro Aktie für die 5,875%-Aktien der Serie G und 0,39063 $ pro Aktie für die 6,250%-Aktien der Serie H, beide zahlbar an den gleichen Terminen wie die Dividende der Stammaktien.

AMH, ein REIT aus Maryland, konzentriert sich auf den Erwerb, die Entwicklung, die Renovierung und die Verwaltung von Einfamilienhäusern zur Miete. Zum 30. Juni 2024 besaß das Unternehmen fast 60.000 Immobilien in verschiedenen Regionen der USA. AMH wurde in den letzten Jahren als bester Arbeitsplatz und verantwortungsbewusstes Unternehmen ausgezeichnet.

Positive
  • Consistent dividend payment of $0.26 per share for Q3 2024
  • Ownership of nearly 60,000 single-family rental properties
  • Recognition as a top workplace and responsible company
Negative
  • None.

Insights

AMH's dividend announcement reflects stability in its financial position. The $0.26 per share quarterly dividend on common shares translates to an annualized yield of approximately 2.5%, assuming current share prices. This is in line with the average REIT dividend yield, indicating a balanced approach to shareholder returns and reinvestment.

The company's ability to maintain consistent dividends on both common and preferred shares suggests strong cash flow generation from its single-family rental portfolio. With nearly 60,000 properties, AMH has significant scale, which can provide operational efficiencies and bargaining power in property acquisitions. However, investors should monitor the impact of rising interest rates on AMH's borrowing costs and potential pressure on property values.

AMH's focus on single-family rentals positions it well in the current housing market. With high mortgage rates making homeownership less affordable, demand for single-family rentals is likely to remain strong. The company's presence in high-growth regions like the Southeast and Southwest could be advantageous, as these areas continue to see population influx.

However, investors should be aware of potential headwinds. A cooling rental market or increased housing supply could pressure rental rates. Additionally, AMH's strategy of acquiring and developing properties may face challenges if construction costs remain elevated. The company's recognition as a top homebuilder suggests vertical integration, which could provide cost advantages but also exposes it to development risks.

LAS VEGAS, Aug. 22, 2024 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that the Board of Trustees declared a dividend of $0.26 per share on the Company's common shares for the third quarter of 2024. The distribution will be payable in cash on September 30, 2024 to shareholders of record on September 13, 2024.

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 September 30, 2024 to shareholders of record on September 13, 2024.

About AMH

AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on acquiring, developing, renovating, leasing and managing homes as rental properties. Our goal is to simplify the experience of leasing a home and deliver peace of mind to households across the country.

In recent years, we've been named one of Fortune's 2023 Best Workplaces in Real Estate™, a 2024 Great Place to Work®, a 2023 Most Loved Workplace®, a 2024 Top U.S. Homebuilder by Builder100, and one of America's Most Responsible Companies 2024 and Most Trustworthy Companies in America 2024 by Newsweek and Statista Inc. As of June 30, 2024, we owned nearly 60,000 single-family properties in the Southeast, Midwest, Southwest and Mountain West regions of the United States. Additional information about AMH is available on our website at www.amh.com.

AMH refers to one or more of American Homes 4 Rent, American Homes 4 Rent, L.P. and their subsidiaries and joint ventures. In certain states, we operate under AMH Living or American Homes 4 Rent. Please see www.amh.com/dba to learn more.

Cautionary Note Regarding 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.

AMH Contact

Nicholas Fromm
Investor Relations
Phone: (855) 794-2447
Email: investors@amh.com 

 

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SOURCE AMH

FAQ

What is the Q3 2024 dividend amount for AMH common shares?

AMH has declared a dividend of $0.26 per share on common shares for the third quarter of 2024.

When will AMH pay its Q3 2024 dividend?

The Q3 2024 dividend will be payable on September 30, 2024, to shareholders of record on September 13, 2024.

What are the preferred share dividend rates for AMH's Series G and Series H shares?

AMH will pay $0.36719 per share on the 5.875% Series G shares and $0.39063 per share on the 6.250% Series H shares.

How many properties does AMH own as of June 30, 2024?

As of June 30, 2024, AMH owned nearly 60,000 single-family properties in various U.S. regions.

AMERICAN HOMES 4 RENT

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13.89B
340.46M
7.7%
87.94%
2.09%
REIT - Residential
Real Estate Investment Trusts
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United States of America
LAS VEGAS