Bluerock Homes Trust Declares First Quarter Dividends for Preferred Stockholders

Bluerock Homes Trust Announces First Quarter Dividends



Bluerock Homes Trust, Inc., trading under the ticker BHM on NYSE American, has made headlines with the announcement that their Board of Directors has approved a series of monthly cash dividends for the first quarter of 2025. This decision reflects the company’s commitment to providing value to its Series A Preferred stockholders.

For this quarter, the announced dividends are set at a rate of $0.375 per share, which translates into $0.125 per share for three consecutive months. As detailed in the announcement, stockholders can expect the following payment dates: February 5, March 5, and April 4, 2025, with record dates falling in late January, February, and March respectively. It's important to highlight that newly issued shares of Series A Preferred Stock will receive prorated dividends based on how long they have been held during each dividend period, thus ensuring fair treatment for all investors.

Beyond the regular dividends, the Board has also declared enhanced special dividends for the same period. These special dividends will be integrated alongside the regular monthly payouts, resulting in a rate linked to the average one-month Secured Overnight Financing Rate (SOFR) + 2.0%, while ensuring a minimum annual yield of 6.5% and a maximum of 8.5%. This innovative approach aims to attract investors looking for reliable and escalating returns.

Bluerock Homes Trust focuses on acquiring high-quality single-family rental properties across the United States. The company aims to cater to the growing demographic of middle-market renters who desire the lifestyle of single-family homes without the complications of homeownership. By investing in key markets across the Sunbelt and rapidly evolving regions of the Western U.S., Bluerock strategically positions itself to deliver resilient investment performance, particularly in knowledge-economy driven locales.

With the recent approval of dividend payments, Bluerock Homes Trust demonstrates its solid financial footing and commitment to distributing profits to its shareholders. The consistent payouts underscore the company’s operational strategy designed to generate reliable risk-adjusted returns through its curated portfolio and innovative business model.

It is essential for investors to note the forward-looking nature of these announcements, which may be subject to various risks and uncertainties. Bluerock Homes Trust advises all stakeholders to review potential risk factors that may affect future outcomes as outlined in their filings with the U.S. Securities and Exchange Commission (SEC).

For those keen to learn more about Bluerock Homes Trust and stay updated on their financial performance and dividend-related activities, visiting their official website at bluerockhomes.com is highly recommended. In an ever-evolving market landscape, staying informed can provide stakeholders with the necessary insights to make well-informed investment decisions.

Topics Financial Services & Investing)

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