Markets

American Homes 4 Rent's Series D Preferred Shares Crosses Above 6% Yield Territory

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Shutterstock photo

Shutterstock photo

In trading on Friday, shares of American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares (Symbol: AMH.PRD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $27.05 on the day. This compares to an average yield of 6.91% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, AMH.PRD was trading at a 8.72% premium to its liquidation preference amount, versus the average premium of 3.62% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for AMH.PRD, showing historical dividend payments on American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares:

AMH.PRD+Dividend+History+Chart

In Friday trading, American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares (Symbol: AMH.PRD) is currently off about 0.3% on the day, while the common shares (Symbol: AMH) are up about 0.2%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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AMH.PRD AMH