Welcome to our dedicated page for Bluerock Homes Trust news (Ticker: BHM), a resource for investors and traders seeking the latest updates and insights on Bluerock Homes Trust stock.
Bluerock Homes Trust, Inc. (NYSE American: BHM) is a residential real estate investment trust (REIT) headquartered in New York, New York, with a focus on high-quality single-family properties, build-to-rent communities, and other institutional residential communities. The BHM news feed highlights how the company executes this strategy through acquisitions, capital markets activity, and board and management decisions.
News updates frequently cover dividend declarations on both the Class A and Class C common stock and the 6.0% Series A Redeemable Preferred Stock. The company has announced regular monthly preferred dividends and additional special or enhanced special dividends tied to the one-month term Secured Overnight Financing Rate (SOFR), subject to stated minimum and maximum annual rates. Releases also provide details on quarterly cash dividends for common stock and their expected payment and record dates.
Investors following BHM news will also see capital allocation and financing actions, such as the authorization of a share repurchase plan for Class A common stock and the introduction of a Series A Preferred Stock Redemption Safeguard Policy, which addresses how holders may be treated if redeemed shares converted into common stock are sold at a loss within a defined period. These announcements give insight into how the company approaches shareholder distributions and preferred stockholder protections.
Another key theme in Bluerock Homes Trust news is portfolio growth and transactions. The company has reported acquisitions of residential communities like Southern Pines Reserve in Aberdeen, North Carolina, District at Parkview in Stone Mountain, Georgia, and Skytop Apartments in Cincinnati, Ohio, often detailing purchase structures, financing sources, and the use of Delaware statutory trusts. Updates may also include information about investments in real estate-related funds and the filing of pro forma financial statements for significant acquisitions.
Additional news items can include governance and compensation developments, such as unregistered sales of equity securities in the form of long-term incentive plan units (C-LTIP Units and LTIP Units) to the external manager, executives, and non-employee directors, as well as announcements of annual meeting dates and changes in certain officer roles. For investors and analysts tracking BHM, this news page provides an organized view of the company’s dividends, acquisitions, financing decisions, and governance events related to its residential REIT platform.
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.
Bluerock Homes Trust, Inc. (BHM) announced an increase in dividends for its Series A Preferred Stock, introducing a new special dividend (Series A Preferred Special Dividends) to be combined with the regular monthly dividends. The dividend rate will be tied to the average 1-month term SOFR rate plus 2%, with a minimum of 6.5% and a maximum of 8.5% annually. The special dividends will be based on the SOFR Rate for each month, ensuring consistent monthly payments to shareholders.
Summary not available.
Summary not available.
Summary not available.