American Homes 4 Rent Announces Dividends
AGOURA HILLS, Calif., May 8, 2014
AGOURA HILLS, Calif., May8, 2014 /PRNewswire/ --American Homes 4 Rent (NYSE:
AMH), a leading provider of high quality single-family rental homes ("the
Company"), today announced that, on May 8, 2014, its Board of Trustees
declared a dividend of $0.05 per share on the Company's common shares for the
second quarter of 2014. The dividend will be payable in cash on June 30, 2014
to shareholders of record on June 15, 2014.
The Board of Trustees also declared a quarterly distribution of $0.3125 per
share on each of the Company's 5.000% Series A participating preferred shares
and 5.000% Series B participating preferred shares. Additionally, the Board of
Trustees declared the initial pro-rated quarterly dividend of $0.225347 per
share on the Company's 5.500% Series C participating preferred shares. The
distributions are payable in cash on June 30, 2014 to shareholders of record
on June 15, 2014.
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, renovating, leasing, and operating attractive,
single-family homes as rental properties. As of March 31, 2014, we owned
25,505 single-family properties in selected submarkets in 22 states.
This press release contains "forward-looking statements." These
forward-looking statements 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," "anticipate,"
"intend," or other words that convey the uncertainty of future events or
outcomes. These forward-looking statements include the anticipated timing of
the expected dividend payment date for the Company's common and preferred
shares. 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 cause actual results to differ
materially from any future results, performance or achievements expressed or
implied by these forward-looking statements. Investors should not place undue
reliance on these forward-looking statements, which speak only as of the date
of this press release. The Company undertakes no obligation to update any
forward-looking statements to conform to actual results or changes in its
expectations, unless required by applicable law. For a further description of
the risks and uncertainties that could cause actual results to differ from
those expressed in these forward-looking statements, as well as risks relating
to the business of the Company in general, see the "Risk Factors" disclosed in
the Company's Annual Report on Form 10-K for the year ended December 31, 2013
and the Company's other filings with the Securities and Exchange Commission.
American Homes 4 Rent
SOURCE American Homes 4 Rent
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