American Homes 4 Rent 5% Participating Preferred Stock
By: Tim McPartland,
S&P Rating NR Moodys Rating NR
Security Ticker Symbol AMH-A
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2013
Quarterly Dividend .313 Annual Dividend 1.25
Securities may be redeemed, at the issuers option, as early as 09/30/2017 for a redemption price of $25/share plus accrued dividends, PLUS accrued appreciations rights (see prospectus)
On 9/30/2020 the dividend amount will become 10%, but the home price appreciation factor ceases to accrue. The 10% dividend will be on the $25 par value plus accrued hoe price appreciation factor.
Dividend Payment Will Not Be Qualified Distributions. Dividends of preferred stocks of REITs are not eligible for the qualified tax rate.
Maturity Date None
Click Here for Company Investor Relations Page for American Homes 4 Rent
Below you can find the offering Prospectus and Final Pricing Document
