Invitation Homes (INVH) announces 13% dividend increase.

Invitation Homes Inc. (INVH) announced today that it has declared a $0.17/share dividend for the first quarter of 2021.  The new annualized dividend rate of $0.68/share dividend represents a 13.3% increase over 2020.

Invitation Homes is one of the largest owners of single-family residential properties in the U.S. with a current portfolio of 79,397 homes in 17 markets. As of September 30, 2020, INVH had a total market capitalization of approximately $24 billion.