AMH Announces Distributions

Rhea-AI Summary

AMH announces a dividend of $0.22 per share on common shares for Q4 2023. The distribution will be payable on December 29, 2023, to shareholders of record on December 15, 2023. The company also declares quarterly distributions on 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 on December 29, 2023.

LAS VEGAS, Oct. 30, 2023 /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 $0.22 per share on the Company's common shares for the fourth quarter of 2023. The distribution will be payable in cash on December 29, 2023 to shareholders of record on December 15, 2023.

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 29, 2023 to shareholders of record on December 15, 2023.

About AMH

AMH (NYSE: AMH) is a leading 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 2023 Great Place to Work®, a 2023 Most Loved Workplace®, a 2023 Top U.S. Homebuilder by Builder100, one of America's Most Responsible Companies 2023 and America's Most Trustworthy Companies 2023 by Newsweek and Statista Inc., and a Top ESG Regional Performer by Sustainalytics. As of June 30, 2023, we owned nearly 59,000 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.

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 Contacts

Trent Frager
Media Relations
Phone: (855) 774-4663
Email: media@amh.com 

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

 

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SOURCE AMH

FAQ

What is the dividend amount declared by AMH for Q4 2023?

AMH declared a dividend of $0.22 per share on common shares for the fourth quarter of 2023.

When will the dividend be payable?

The dividend will be payable on December 29, 2023.

Who are eligible to receive the dividend?

Shareholders of record on December 15, 2023, are eligible to receive the dividend.

What are the quarterly distributions declared on preferred shares?

The quarterly distributions declared on preferred shares are $0.36719 per share on the 5.875% Series G shares and $0.39063 per share on the 6.250% Series H shares.

When will the quarterly distributions on preferred shares be payable?

The quarterly distributions on preferred shares will be payable on December 29, 2023.

Who are eligible to receive the quarterly distributions on preferred shares?

Shareholders of record on December 15, 2023, are eligible to receive the quarterly distributions on preferred shares.