Company: American Homes 4Rent (AMH)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company’s real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent’s land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm’s largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each. -Morningstar.com-
Symbol: AMH
Recent Price: $38.37
Dividends: $1.04
Yield: 2.71%
Sector: Real Estate
Industry: REIT-Resintial
Address & Company Phone #: 23975 Park Sorrento Suite 300 Calabasas CA 91302, 805-413-5300
Transfer Agent: Computershare 800-304-9709
Moody’s Rating: Baa3
Minimum & Maximum Investment: $50 – $15,000/month
Investment Dates: Every 7 days beginning varies
Shares to Qualify: 1 Share or $1000
Fees: Div.: 5% of amount invested up to $2.50 Cash: $5+12¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $37.97, $31.36