iCrowdNewswire Mar 5, 2021 2:12 PM ET
American Homes 4 Rent , a leading provider of high-quality single-family homes for rent, today announced that the Board of Trustees declared a dividend of $0.10 per share on the Company’s common shares for the first quarter of 2021. This represents an increase of 100 percent versus the prior quarterly dividend rate of $0.05 per share. The distribution will be payable in cash on March 31, 2021 to shareholders of record on March 15, 2021.
The Board of Trustees also declared a per share quarterly distribution on the Company’s cumulative redeemable perpetual preferred shares of $0.40625 per share on the 6.5% Series D shares, $0.39688 per share on the 6.35% Series E shares, $0.36719 per share on the 5.875% Series F shares, $0.36719 per share on the 5.875% Series G shares and $0.39063 per share on the 6.25% Series H shares payable in cash on March 31, 2021 to shareholders of record on March 15, 2021.
About American Homes 4 Rent
American Homes 4 Rent is a leader in the single-family home rental industry and “American Homes 4 Rent” is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of September 30, 2020, we owned 53,229 single-family properties in selected submarkets in 22 states.
Additional information about American Homes 4 Rent is available on our website at www.americanhomes4rent.com.
American Homes 4 Rent
Phone: (855) 794-2447