Bluerock Homes Trust Inc Stock Price, News & Analysis

Bluerock Homes Trust (NYSE American: BHM) has set key dates for its 2025 annual stockholders meeting. The company's Board of Directors has scheduled the meeting for June 11, 2025. Stockholders of record as of April 11, 2025 will be eligible to vote at the meeting.

Bluerock Homes Trust (NYSE American: BHM) has announced its Board of Directors has authorized quarterly cash dividends for both Class A and Class C Common Stock for fiscal year 2025. The company has declared an annualized dividend of $0.50 per share, paid as $0.125 quarterly.

The quarterly payments are scheduled for:

• April 4, 2025 (record date: March 25, 2025)
• July 3, 2025 (record date: June 25, 2025)
• October 3, 2025 (record date: September 25, 2025)
• January 5, 2026 (record date: December 24, 2025)

Bluerock Homes Trust (BHM) has announced a new share repurchase program authorized by its Board of Directors. The plan allows for the repurchase of up to $5.0 million of its outstanding Class A common stock over a one-year period.

The repurchases will be conducted through open market transactions in compliance with Rule 10b-18 and Rule 10b-5 of the Securities Exchange Act of 1934. The timing and extent of repurchases will depend on various factors, including market conditions, price limitations, and other corporate considerations. The company maintains the right to discontinue the program at any time.

Bluerock Homes Trust (BHM) has introduced a new Series A Preferred Stock Redemption Safeguard Policy that protects shareholders against losses during redemption. If holders sell their Class A Common Stock within 10 business days of redemption at a loss, they can apply to be compensated for the difference, excluding transaction costs and fees.

As of January 31, 2025, BHM has raised over $120 million in Series A Preferred Stock at $25 per share, offering a 6.5% minimum annual dividend yield with a tax equivalent yield of approximately 7.93% for 2024. The company's portfolio includes ownership and investments in 45,000 single-family and built-to-rent homes in Sunbelt markets, supported by $840 million in gross assets. The portfolio maintained a 94.3% occupancy rate with 9% net debt as of September 30, 2024.

Bluerock Homes Trust (BHM) has announced a new Series A Preferred Stock Redemption Safeguard Policy. Under this policy, if holders sell their Class A Common Stock within 10 business days of redemption at a loss, they can apply to be compensated for the difference, excluding transaction costs and redemption fees. This policy applies both retroactively and going forward.

As of January 31, 2025, BHM has raised over $120 million in Series A Preferred Stock at $25 per share, offering a minimum 6.5% annual dividend yield. The 2024 dividends achieved a tax equivalent yield of approximately 7.93% due to favorable tax treatment. The Series A Preferred Stock is backed by $840 million in gross assets, including ownership and investments in 5,000 single-family and built-to-rent homes in high-growth Sunbelt markets. The portfolio maintained a 94.3% occupancy rate with 9% net debt as of September 30, 2024.

Bluerock Homes Trust (BHM) has released its 2024 tax reporting information for dividends on common and preferred stock. For Class A and C common stock, a special cash dividend of $0.840551 per share paid on January 5, 2024, is classified as 100% non-dividend/return of capital for federal tax purposes.

For Series A Preferred Stock, monthly dividends were paid throughout 2024, ranging from $0.125337 to $0.152862 per share. The tax treatment breakdown for these preferred dividends consists of: 8.04% ordinary dividend rate, 30.42% non-dividend rate, and 61.54% capital gains rate. The capital gains are further divided into 30.26% 20% rate gain and 69.74% Section 1250 gain.

Bluerock Homes Trust (BHM) has declared monthly cash dividends on its Series A Redeemable Preferred Stock for Q1 2025. The quarterly dividend rate is set at $0.375 per share, distributed in three monthly payments of $0.125 per share on the following dates:

- February 5, 2025 (record date: January 24, 2025)
- March 5, 2025 (record date: February 25, 2025)
- April 4, 2025 (record date: March 25, 2025)

Additionally, the company announced enhanced special dividends for Q1 2025, which will be combined with regular monthly dividends. The enhanced rate will be calculated as the average one-month term Secured Overnight Financing Rate (SOFR) plus 2.0%, with a minimum of 6.5% and maximum of 8.5% annual rate. These enhanced dividends will be calculated monthly and paid on the 5th of each month.

Bluerock Homes Trust (NYSE American: BHM) has declared monthly cash dividends on its Series A Redeemable Preferred Stock for Q4 2024. The dividends, totaling $0.375 per share quarterly, will be paid in three installments of $0.125 per share on November 5, 2024, December 5, 2024, and January 3, 2025. Stockholders of record dates are October 25, November 25, and December 24, respectively.

Additionally, the company announced enhanced special dividends for Q4 2024, calculated at the average one-month term Secured Overnight Financing Rate (SOFR) plus 2.0%, with a minimum of 6.5% and maximum of 8.5% annually. These enhanced dividends will be combined with the regular monthly dividends and paid on the 5th of each month.

Bluerock Homes Trust (NYSE American: BHM) has declared monthly cash dividends on its Series A Redeemable Preferred Stock for Q3 2024. The quarterly rate is set at $0.375 per share, payable in three installments of $0.125 each on August 5, September 5, and October 4, 2024. Stockholders of record dates are July 25, August 23, and September 25, respectively.

Additionally, the company has announced enhanced special dividends for Q3 2024, calculated based on the average one-month term Secured Overnight Financing Rate (SOFR) plus 2.0%, with a minimum annual rate of 6.5% and a maximum of 8.5%. These enhanced dividends will be aggregated with the regular monthly dividends and paid on the 5th of each month.