American Homes 4 Rent 5% Participating Preferred Stock

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S&P Rating  NR   Moodys Rating  NR

Security Ticker Symbol   AMH-A

Market Traded ON   NYSE

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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

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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