AMH Announces 15% Increase in Quarterly Distribution
Rhea-AI Summary
AMH (NYSE: AMH), a leading single-family rental homes operator, has announced a 15% increase in its quarterly dividend to $0.30 per share, up from the previous $0.26 per share. The distribution will be paid on March 31, 2025, to shareholders of record as of March 14, 2025.
Additionally, the company declared quarterly distributions for its preferred shares: $0.36719 per share for 5.875% Series G shares and $0.39063 per share for 6.250% Series H shares, both payable on March 31, 2025. AMH currently owns nearly 60,000 single-family properties across the Southeast, Midwest, Southwest, and Mountain West regions of the United States.
Positive
- 15% increase in quarterly dividend from $0.26 to $0.30 per share
- Large portfolio of nearly 60,000 single-family properties
- Consistent dividend payments on both common and preferred shares
Negative
- None.
News Market Reaction
On the day this news was published, AMH gained 1.62%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Board of Trustees also declared a per share quarterly distribution on the Company's cumulative redeemable perpetual preferred shares of
About AMH
AMH (NYSE: AMH) is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed
In recent years, we've been named one of
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.
Cautionary Note Regarding 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
Brian Nelson
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 new quarterly dividend amount for AMH stock?
When will AMH pay its Q1 2025 dividend?
What are the preferred share dividend rates for AMH Series G and H?
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