AGOURA HILLS, Calif., May 8, 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.
Forward-Looking Statements
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.
Contact:
American Homes 4 Rent
Investor Relations
Phone: (855)794-2447
Email: investors@ah4r.com
SOURCE American Homes 4 Rent