Invitation Homes Announces Nearly 30% Increase to Cash Dividend

Rhea-AI Summary

Invitation Homes (NYSE: INVH) has declared a quarterly cash dividend of $0.22 per share, marking a significant 29.4% increase from the previous dividend of $0.17. This dividend is set to be paid on or before February 28, 2022, to stockholders of record as of February 14, 2022. The company's focus on providing high-quality, updated single-family homes reflects its mission to enhance living experiences for individuals and families.

Positive

• Declared a quarterly cash dividend of $0.22 per share, a 29.4% increase from the prior quarter.
• Positive cash flow for shareholders due to increased dividend amount.

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• None.

DALLAS--(BUSINESS WIRE)-- Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”) announced today that it has declared a quarterly cash dividend of $0.22 per share payable on shares of its common stock, representing a 29.4% increase over the prior quarterly dividend of $0.17 per share. The dividend will be paid on or before February 28, 2022, to stockholders of record of the Company’s common stock as of the close of business on February 14, 2022.

About Invitation Homes

Invitation Homes is the nation's premier single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools. The company's mission, "Together with you, we make a house a home," reflects its commitment to providing homes where individuals and families can thrive and high-touch service that continuously enhances residents' living experiences.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220204005020/en/

Investor Relations Contact:

Scott McLaughlin

Phone: 844.456.INVH (4684)

Email: IR@InvitationHomes.com

Media Relations Contact:

Kristi DesJarlais

Phone: 972.421.3587

Email: Media@InvitationHomes.com

Source: Invitation Homes Inc.

FAQ

What is the new dividend amount for Invitation Homes (NYSE: INVH)?

The new dividend amount is $0.22 per share.

When will the dividend for INVH be paid?

The dividend will be paid on or before February 28, 2022.

Who is eligible to receive the INVH dividend?

Stockholders of record as of the close of business on February 14, 2022, are eligible to receive the dividend.

How much has the INVH dividend increased?

The INVH dividend has increased by 29.4% from the previous amount.