American Homes 4 Rent 5% Participating Preferred Stock

By: ,

S&P Rating  NR   Moodys Rating  NR

Security Ticker Symbol   AMH-B

Market Traded ON   NYSE


Dividend Payment Paid on the last day of March, June, September and December beginning on 3/31/2014

Quarterly Dividend   .313  Annual Dividend   1.25

Securities may be redeemed, at the issuers option, as early as 12/31/2017 for a redemption price of $25/share plus accrued dividends, PLUS accrued appreciations rights (see prospectus).  The Home Price Appreciation rights cease to accrue on 12/31/2020.

After 12/31/2017 American Homes 4 Rent can convert shares to common shares with a formula outlined in the propectus.

After 12/31/2020 the dividend rate will move to 10% which will be calculated on the $25 share plus accrued Home Price Appreciation amounts.


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

Tim McPartland

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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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