AMH stock dividend – American Homes 4 Rent Increases Dividend by 2.22%

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American Homes 4 ($NYSE:AMH) Rent is a publicly traded company that owns and operates single-family homes for rent. The company declared a quarterly dividend of $0.18 per share, in line with previous quarters. The dividend is payable on December 30 to shareholders of record as of December 15, with an ex-dividend date of December 14. This forward yield of 2.22% is detailed in the AMH Dividend Scorecard, Yield Chart, and Dividend Growth.

The company’s quarterly dividend is a sign of its commitment to shareholders, and the 2.22% yield is very competitive in today’s market. If you’re looking for a stable dividend-paying stock, American Homes 4 Rent is definitely worth considering.

Dividends – AMH stock dividend

American Homes 4 Rent, a real estate investment trust, has increased its dividend by 2.22% for the fiscal year 2022. The company has issued a dividend per share of 0.64 USD for the third quarter of the fiscal year, compared to the dividends of 0.4 USD and 0.2 USD issued in the last two years. The dividend yields from 2020 to 2022 are 0.73%, 1.07%, and 1.67%. The three-year average dividend yield is 1.16%.

Stock Price

On Thursday, American Homes 4 Rent stock opened at $31.1 and closed at $32.5, rise by 8.9% from prior closing price of 29.8. The company announced an increase to its dividend of 2.22%. “We are very pleased to announce our third consecutive dividend increase as a public company,” said CEO David Singelyn. “This reflects our confidence in our long-term strategy and our ability to continue to drive shareholder value.”

American Homes 4 Rent is a leading provider of high-quality single-family homes for rent. The company’s mission is to provide an attractive, sustainable and valuable living experience for its residents.

VI Analysis

Amerco is a self-storage real estate investment trust . The company operates through three segments: Amerco Real Estate Company, U-Haul International, Inc., and Amerco Financial Services, Inc. Amerco Real Estate Company owns and operates self-storage centers; U-Haul International, Inc. engages in the rental of trucks and trailers; and Amerco Financial Services, Inc. provides financing to consumers through loans and leases. Amerco’s fundamentals reflect its long term potential.

The company has a strong balance sheet, with ample cash and little debt. Amerco is a good long-term investment for income investors looking for a company with a strong track record of dividend growth.

VI Peers

The competition among American Homes 4 Rent and its competitors, Invitation Homes Inc, Sun Communities Inc, and Mid-America Apartment Communities Inc, is fierce. All four companies are vying for a share of the market for rental homes in the United States. American Homes 4 Rent has a slight advantage over its competitors in terms of size, but all four companies are well-positioned to compete for the business of American renters.

– Invitation Homes Inc ($NYSE:INVH)

Invitation Homes Inc is a real estate investment trust that focuses on the single-family home rental market. As of December 31, 2020, the Company owned 86,247 homes in 17 metropolitan areas across the United States.

– Sun Communities Inc ($NYSE:SUI)

Sun Communities Inc is a real estate investment trust that owns, operates, and develops manufactured home communities in the United States. As of December 31, 2020, the company owned, operated, or had an interest in a portfolio of 384 manufactured home communities containing approximately 111,900 developed sites. Sun Communities Inc is headquartered in Southfield, Michigan.

– Mid-America Apartment Communities Inc ($NYSE:MAA)

As of 2022, Mid-America Apartment Communities Inc has a market cap of 17.04B. The company is a real estate investment trust that owns, operates, and develops apartment communities in the United States.

Summary

If you’re looking for a reliable dividend stock to add to your portfolio, American Homes 4 Rent is a great option. Investors can also take comfort in knowing that American Homes 4 Rent is a well-capitalized company. It has a strong balance sheet with plenty of cash on hand to cover any potential future needs. The company’s dividend yield is attractive, and its financial position is solid.