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AMH Announces 18% Increase In Quarterly Distribution From $0.22 To $0.26 Per Share

Author: Happy Mohamed | February 21, 2024 06:01pm

AMH (NYSE:AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that the Board of Trustees declared a dividend of $0.26 per share on the Company's common shares for the first quarter of 2024. This represents an increase of 18 percent versus the prior quarterly dividend rate of $0.22 per share. The distribution will be payable in cash on March 28, 2024 to shareholders of record on March 15, 2024.

The Board of Trustees also declared a per share quarterly distribution on the Company's cumulative redeemable perpetual preferred shares of $0.36719 per share on the 5.875% Series G shares and $0.39063 per share on the 6.250% Series H shares payable in cash on March 28, 2024 to shareholders of record on March 15, 2024.

Posted In: AMH

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