American Homes 4 Rent's Series G Preferred Shares Cross 6% Yield Mark

Published 1 week ago Positive
American Homes 4 Rent's Series G Preferred Shares Cross 6% Yield Mark
Auto
In trading on Wednesday, shares of American Homes 4 Rent's 5.875% SERIES G CUMULATIVE REDEEMABLE PERPETUAL PREFERRED SHARES (Symbol: AMH.PRG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $24.42 on the day. This compares to an average yield of 7.79% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, AMH.PRG was trading at a 1.12% discount to its liquidation preference amount, versus the average discount of 11.45% in the "Real Estate" category.

Below is a dividend history chart for AMH.PRG, showing historical dividend payments on American Homes 4 Rent's 5.875% SERIES G CUMULATIVE REDEEMABLE PERPETUAL PREFERRED SHARES :

In Wednesday trading, American Homes 4 Rent's 5.875% SERIES G CUMULATIVE REDEEMABLE PERPETUAL PREFERRED SHARES (Symbol: AMH.PRG) is currently off about 0.3% on the day, while the common shares (Symbol: AMH) are off about 2.4%.

Click here to find out the 50 highest yielding preferreds »

Also see: • Cheap Growth Stocks
• Institutional Holders of AX
• MMR Options Chain


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