NEW
YORK, Sept. 11, 2023 /PRNewswire/ -- Bluerock
Homes Trust, Inc. (NYSE American: BHM) (the "Company") today
announced that its Board of Directors has authorized and the
Company has declared monthly cash dividends on the Company's Series
A Redeemable Preferred Stock (the "Series A Preferred Stock") for
the months of August and September
2023, equal to a quarterly rate of $0.375 per share (the "Series A Preferred
Dividends").
The Series A Preferred Dividends will be payable in cash as
follows: accrued but unpaid dividends of $0.125 per share to be paid on Thursday,
October 5, 2023 to Series A Preferred stockholders of record as of
Friday, August 25, 2023, and
$0.125 per share to be paid on
Thursday, October 5, 2023 to Series A
Preferred stockholders of record as of Monday, September 25, 2023. Newly-issued shares
of Series A Preferred Stock held for only a portion of each
applicable monthly dividend period will receive a prorated Series A
Preferred Dividend based on the actual number of days in the
applicable dividend period during which each such share of Series A
Preferred Stock was outstanding, as permitted under the Articles
Supplementary to the Company's charter dated March 14, 2023.
About Bluerock Homes Trust, Inc.
Bluerock Homes Trust,
Inc. (NYSE American: BHM), headquartered in New York, New York, is an externally managed
REIT that owns and operates high-quality single-family properties
located in attractive markets with a focus on the knowledge-economy
and high quality of life regions of the Sunbelt and high growth
areas of the Western United
States. BHM's principal objective is to generate attractive
risk-adjusted investment returns by assembling a portfolio of
pre-existing single-family rental homes and developing
build-to-rent communities. BHM properties are located across a
diverse group of growth markets and will seek to target a growing
pool of middle-market renters seeking the single-family lifestyle
without the upfront and ongoing investments associated with home
ownership. For more information, please visit
bluerockhomes.com.
Forward Looking Statements
This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and other federal
securities laws. These forward-looking statements are based upon
the Company's present expectations, but these statements are not
guaranteed to occur. Furthermore, the Company disclaims any
obligation to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors,
of new information, data or methods, future events or other
changes. Investors should not place undue reliance upon
forward-looking statements. For further discussion of
the factors that could affect outcomes, please refer to
the risk factors set forth in Item 1A of the Company's
Annual Report on Form 10-K filed by the Company with the
U.S. Securities and Exchange Commission ("SEC")
on March 22, 2023, and subsequent filings by
the Company with the SEC. We claim the safe harbor
protection for forward looking statements contained in the Private
Securities Litigation Reform Act of 1995.
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SOURCE Bluerock Homes Trust, Inc.