secwatch.observer — SEC 8-K summary
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Issuer:     American Homes 4 Rent (AMH)
CIK:        0001562401
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001562401-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q4 rents +7.3% to $408.7M; Core FFO $0.43/sh; dividend +18% to $0.26
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- Q4 rents and other revenues $408.7M (+7.3% YoY); net income $76.6M ($0.21/diluted) vs $87.5M ($0.25) on lower gains.
- Core FFO per share $0.43 (+8.8% YoY); Adjusted FFO $0.39 (+9.3% YoY).
- Same-Home Core NOI +6.0% to $199.0M; blended lease rate growth 5.7% (new 4.5%, renewals 6.2%).
- Common dividend raised 18% to $0.26/sh for Q1 2024; issued $600M green bonds at 5.500% due 2034.
- FY2024 guidance: Core FFO $1.70-$1.76/sh; Same-Home Core NOI growth 3%-5%; 2,200-2,400 development deliveries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562401/000156240124000016/0001562401-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562401/000156240124000016/amh-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001562401-24-000016

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