American Homes 4 Rent (AMH) Declares $0.05 Quarterly Dividend; 1.2% Yield
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May 7, 2015 5:23 PM EDT
AGOURA HILLS, Calif., May 7, 2015 /PRNewswire/ --Â American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high quality single-family homes for rent, today announced that, on May 7, 2015, the Board of Trustees declared a dividend of $0.05 per share on the Company's common shares for the second quarter of 2015. The distribution will be payable in cash on June 30, 2015 to shareholders of record on June 15, 2015.
The Board of Trustees also declared a per share quarterly distribution on the Company's participating preferred shares of $0.3125 on the 5.000% Series A shares, $0.3125 on the 5.000% Series B shares... More
May 7, 2015 5:03 PM EDT
AGOURA HILLS, Calif., May 7, 2015 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH), a leading provider of high quality single-family homes for rent, today announced its financial and operating results for the quarter ended March 31, 2015.
Highlights
Core Funds from Operations ("Core FFO") (as defined) for the first quarter of 2015 were $41.9 million, or $0.16 per FFO share, which represents a 33.3% increase per FFO share, compared to $28.1 million, or $0.12 per FFO share, for the same period in 2014.
Net Operating Income from leased properties ("NOI") for the quarter ended March 31, 2015, was $76.5 million, a 60.1%...
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