Welcome to our dedicated page for American Homes 4 Rent news (Ticker: AMH), a resource for investors and traders seeking the latest updates and insights on American Homes 4 Rent stock.
American Homes 4 Rent (NYSE: AMH) is a leading real estate investment trust (REIT) specializing in acquiring, renovating, leasing, and managing single-family rental homes across the United States. With a primary focus on urban markets in the Southern and Midwestern regions, AMH leverages the benefits of a national organization combined with innovative leasing technologies and local expertise to provide an exceptional residential rental experience.
AMH’s portfolio boasts nearly 60,000 single-family properties, predominantly in key markets such as Dallas, Indianapolis, Atlanta, and Charlotte. The company generates the majority of its revenue from rental income derived through short-term or annual leases, ensuring a steady cash flow and robust financial condition.
Renowned for its sustainable practices, AMH has received accolades including the LEED® Gold certification for its Las Vegas headquarters, recognition as one of Fortune’s Best Workplaces in Real Estate™, and mentions in Newsweek’s lists of America’s Most Responsible and Most Trustworthy Companies. These achievements highlight AMH’s commitment to environmental stewardship, employee satisfaction, and community impact.
The company's forward-looking strategy includes the AMH Development Program, which focuses on constructing high-quality, energy-efficient homes, contributing to alleviating the nation’s housing shortage. Recent financial reports indicate strong growth, with same-home core revenues and net operating income showing significant year-over-year increases.
AMH maintains a flexible investment grade balance sheet, with no significant debt maturities until late 2024. The company’s proactive approach to capital management includes recent successful issuance of $600 million in green bonds, showcasing its dedication to sustainable development.
For investors, AMH offers a stable and growing dividend, reflecting its robust operating performance and commitment to delivering long-term value. The company continues to excel in its mission to simplify the leasing process and deliver peace of mind to households nationwide.
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.
American Homes 4 Rent (NYSE: AMH) announced plans to redeem all outstanding shares of its 6.500% Series D and 6.350% Series E Perpetual Preferred Shares. The redemption will take place on June 7, 2021, and June 30, 2021, respectively, at a liquidation preference of $25.00 per share plus any accrued and unpaid dividends. This move highlights the company's strategy to manage its capital structure effectively while continuing to focus on high-quality single-family home rentals. As of December 31, 2020, AMH owned 53,584 properties across 22 states.
American Homes 4 Rent (NYSE: AMH) has announced the opening of two new rental home communities, Brentwood in Mooresville, N.C., and Westbrook Lake in Cumming, Ga., marking its 68th and 69th newly built rental communities. Developed in collaboration with J.P. Morgan Global Alternatives, these projects encompass a total of 329 homes. This expansion aligns with a $625 million investment plan initiated in early 2020 to develop about 2,500 rental homes in high-growth markets across the Southeast and West.
American Homes 4 Rent (NYSE: AMH) will release its first quarter 2021 financial results on May 6, 2021, after market close. A conference call to discuss these results and recent events is scheduled for May 7, 2021, at 11:00 a.m. Eastern Time. The company highlights its focus on single-family home rentals and reports owning 53,584 properties across 22 states as of December 31, 2020.
American Homes 4 Rent (NYSE: AMH) will participate in the 2021 Citi Virtual Global Property CEO Conference on March 9, 2021, at 1:15 p.m. Eastern Time. CEO David Singelyn will lead a roundtable discussion during the event. A live audio webcast will be available on the Company’s website under the "For Investors" section, with a replay accessible until March 23, 2021. As of December 31, 2020, AMH owned 53,584 single-family properties across 22 states, emphasizing its position as a leader in the single-family home rental market.