Invitation Homes Announces Over 18% Increase to Cash Dividend

Rhea-AI Summary

Invitation Homes (NYSE: INVH) has declared a $0.26 quarterly cash dividend per share, reflecting an 18.2% increase from the previous dividend of $0.22. This dividend will be payable by February 28, 2023, to stockholders of record as of February 14, 2023. As a leading single-family home leasing company in the U.S., Invitation Homes aims to offer high-quality homes that meet modern lifestyle needs. The company's focus on providing updated homes near job centers and schools underscores its commitment to enhancing resident living experiences.

Positive

• Quarterly cash dividend increased by 18.2% from $0.22 to $0.26 per share.
• Dividend payment reflects company's confidence in financial stability.

Negative

• 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 $0.26 per share payable on shares of its common stock, representing an 18.2% increase over the prior quarterly dividend of $0.22 per share. The dividend will be paid on or before February 28, 2023, to stockholders of record of the Company’s common stock as of the close of business on February 14, 2023.

About Invitation Homes

Invitation Homes, an S&P 500 company, 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/20230203005047/en/

Investor Relations Contact:

Scott McLaughlin

844.456.INVH (4684)

IR@InvitationHomes.com

Media Relations Contact:

Kristi DesJarlais

972.421.3587

Media@InvitationHomes.com

Source: Invitation Homes Inc.

FAQ

What is the new dividend amount for INVH?

The new dividend amount for Invitation Homes (INVH) is $0.26 per share.

When will the dividend for INVH be paid?

The dividend will be paid on or before February 28, 2023.

What was the previous dividend amount for INVH?

The previous dividend amount for Invitation Homes was $0.22 per share.

Who is eligible for the INVH dividend?

Stockholders of record as of February 14, 2023, are eligible for the dividend.