On 9/14/17, American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares (AMH.PRD) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 9/29/17. As a percentage of AMH.PRD's recent share price of $27.06, this dividend works out to approximately 1.50%, so look for shares of AMH.PRD to trade 1.50% lower — all else being equal — when AMH.PRD shares open for trading on 9/14/17. On an annualized basis, the current yield is approximately 6.01%, which compares to an average yield of 6.26% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

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As of last close, AMH.PRD was trading at a 8.16% premium to its liquidation preference amount, versus the average premium of 3.98% in the "Real Estate" category. The chart below shows the one year performance of AMH.PRD shares, versus AMH:

Performance Comparison Chart

Below is a dividend history chart for AMH.PRD, showing historical dividends prior to the most recent $0.4062 on American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares:

AMH.PRD+Dividend+History+Chart

According to the ETF Finder at ETF Channel, American Homes 4 Rent ( AMH - Get Report) makes up 1.86% of the iShares Residential Real Estate Capped ETF (REZ) which is trading lower by about 1.2% on the day Tuesday.

In Tuesday trading, American Homes 4 Rent's 6.5% Series D Cumulative Redeemable Perpetual Preferred Shares ( AMH.PRD) is currently up about 0.1% on the day, while the common shares ( AMH - Get Report) are off about 1.7%.