American Homes 4 Rent (NYSE:AMH) Announces $0.33 Quarterly Dividend

American Homes 4 Rent (NYSE:AMH) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Monday, June 15th will be given a dividend of 0.33 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, June 15th.

American Homes 4 Rent has raised its dividend payment by an average of 0.4%per year over the last three years and has raised its dividend every year for the last 5 years. American Homes 4 Rent has a payout ratio of 169.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect American Homes 4 Rent to earn $2.01 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 65.7%.

American Homes 4 Rent Stock Down 0.3%

American Homes 4 Rent stock opened at $31.35 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 4.15 and a beta of 0.82. American Homes 4 Rent has a fifty-two week low of $27.22 and a fifty-two week high of $38.85. The stock’s fifty day moving average is $29.74 and its two-hundred day moving average is $30.86.

American Homes 4 Rent (NYSE:AMH) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.30. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. American Homes 4 Rent’s revenue was up 2.8% compared to the same quarter last year. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Analysts predict that American Homes 4 Rent will post 1.92 EPS for the current fiscal year.

About American Homes 4 Rent

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.