Invitation Homes Inc (INVH) to Issue Dividend Increase – $0.13 Per Share
Invitation Homes Inc (NYSE:INVH) declared a quarterly dividend on Friday, February 1st, NASDAQ reports. Stockholders of record on Wednesday, February 13th will be paid a dividend of 0.13 per share on Thursday, February 28th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Tuesday, February 12th. This is a boost from Invitation Homes’s previous quarterly dividend of $0.11.
Shares of NYSE:INVH opened at $22.45 on Thursday. Invitation Homes has a 12-month low of $19.21 and a 12-month high of $23.97. The stock has a market cap of $11.94 billion, a PE ratio of 86.35, a P/E/G ratio of 3.58 and a beta of 0.52. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12.
Invitation Homes (NYSE:INVH) last announced its quarterly earnings data on Monday, November 5th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.29. Invitation Homes had a negative return on equity of 0.56% and a negative net margin of 4.71%. The firm had revenue of $434.20 million for the quarter, compared to analysts’ expectations of $436.18 million. During the same period last year, the firm earned $0.20 earnings per share. The company’s revenue for the quarter was up 78.3% compared to the same quarter last year. As a group, analysts anticipate that Invitation Homes will post 1.17 EPS for the current year.
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Invitation Homes Company Profile
Invitation Homes is a leading owner and operator of single-family homes for lease, offering residents high-quality homes across America. With over 80,000 homes for lease in 17 markets across the country, Invitation Homes is meeting changing lifestyle demands by providing residents access to updated homes with features they value, such as close proximity to jobs and access to good schools.
Further Reading: NASDAQ
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