AMERICAN HOMES 4 RENT - AMH STOCK NEWS

AMH (NYSE: AMH) has been recognized as a Certified™ Great Place to Work for the second consecutive year, with 86% of employees affirming it as a great workplace. This designation, based on employee feedback from an anonymous survey, highlights that AMH excels in workplace culture, with 90% feeling welcome and supported. CEO David Singelyn emphasized the importance of a people-first culture, contributing to employee satisfaction and retention. The company’s employee benefits include a Tuition Reimbursement Program and Employee Stock Purchase Program, aiming to foster talent development and engagement.

AMH (NYSE: AMH), a top operator of single-family rental homes, disclosed the tax treatment of its 2022 cash distributions. For the tax year ending December 31, 2022, cash distributions were classified as follows: 52.58% as Ordinary Dividend Income and 47.42% as Capital Gain Distributions. Notably, 100% of Ordinary Dividend Income qualifies as IRC Section 199A Qualified REIT Dividend Income, requiring shareholders to hold shares for at least 45 days to maintain this classification. The tax return for 2022 is pending, and shareholders are advised to consult their tax advisors for personalized advice regarding these distributions.

AMH (NYSE: AMH), a prominent single-family rental operator and homebuilder, announced the release of its fourth quarter and full year 2022 financial results on February 23, 2023, after the market closes. Following this, a conference call will be held on February 24, 2023, at 12:00 p.m. ET to discuss these results and recent developments. The earnings are anticipated with interest as they will provide key insights into the company's financial performance and operational strategies moving forward.

AMH (NYSE: AMH), formerly known as American Homes 4 Rent, has launched a new corporate brand identity to celebrate its ten-year anniversary. The rebranding simplifies its name and visual identity, showcasing a commitment to innovation and a better living experience for residents. This initiative, rooted in consumer research, includes a revamped website and focuses on elevating customer service. AMH has also received accolades as a leading property owner and builder, underscoring its sustainability efforts and commitment to improving housing experiences.

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.

American Homes 4 Rent (AMH) reported strong financial results for Q3 2022, with revenues rising 15.3% year-over-year to $391.6 million. Net income attributable to common shareholders reached $50.7 million ($0.14 per diluted share), up from $36.9 million ($0.11) in Q3 2021. Core Funds from Operations (Core FFO) increased 11.6% to $0.39 per share. Despite hurricane-related charges of $6.1 million, the company maintained a high occupancy rate of 97.1%. Guidance for Core FFO has been slightly revised to $1.52 - $1.56 per share due to anticipated higher property tax growth in Texas.

American Homes 4 Rent (NYSE: AMH) announced a donation of $50,000 to support Hurricane Ian relief efforts in Florida and South Carolina. The company organized volunteer events in affected areas, engaging over 100 employees in clean-up and supply delivery activities. CEO David Singelyn emphasized the emotional and financial toll of the disaster, committing to acting as a responsible corporate partner. The company is recognized as a leading REIT with a portfolio of 58,715 properties across 22 states.

American Homes 4 Rent (NYSE: AMH) will release its third quarter 2022 financial results after the market closes on November 3, 2022. A conference call will follow on November 4, 2022, at 12:00 p.m. Eastern Time, to review the results and engage in a Q&A session. The company, an internally managed Maryland REIT, owns over 58,700 single-family properties across 22 states as of June 30, 2022. American Homes 4 Rent has received accolades such as being named one of the 2022 Best Workplaces in Real Estate by Fortune.

American Homes 4 Rent (NYSE: AMH) reports that preliminary assessments show limited damage to its properties from Hurricane Ian across Florida, Georgia, South Carolina, and North Carolina. The company's focus remains on ensuring the health and safety of residents and employees. Support teams are actively addressing repair and maintenance needs to restore impacted homes quickly. With 58,715 properties owned across 22 states as of mid-2022, the firm aims to maintain operational efficiency amid ongoing assessments.