Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 185

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 185
---
 of our common stock through the Agents and the Forward Sellers (the “ATM Equity Program”). In addition to the issuance of shares of our common stock, the distribution agreements permit us to enter into separate forward sale transactions with 

F-32

INVITATION HOMES INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollar amounts in thousands)

certain forward purchasers who may borrow shares from third parties and, through affiliated Forward Sellers, offer a number of shares of our common stock equal to the number of shares of our common stock underlying the particular forward transaction. During the years ended December 31, 2024 and 2023, we did not sell any shares of common stock under the ATM Equity Program. During the year ended December 31, 2022, we sold 2,438,927 shares of our common stock under our ATM Equity Program, generating net proceeds of $98,367, after giving effect to Agent commissions and other costs totaling $1,633. As of December 31, 2024, $1,150,000 remains available for future offerings under the ATM Equity Program.DividendsTo qualify as a REIT, we are required to distribute annually to our stockholders at least 90% of our REIT taxable income, without regard to the deduction for dividends paid and excluding net capital gains, and to pay tax at regular corporate rates to the extent that we annually distribute less than 100% of our net taxable income. We intend to pay quarterly dividends to our stockholders that in the aggregate are approximately equal to or exceed our net taxable income in the relevant year. The timing, form, and amount of distributions, if any, to our stockholders, will be at the sole discretion of our board of directors.The following table summarizes our dividends paid from January 1, 2023 through December 31, 2024:Record DateAmountper SharePay DateTotal Amount Paid Q4-2024September 26, 2024$0.28 October 18, 2024$171,485 Q3-2024June 27, 20240.28 July 19, 2024172,389 Q2-2024March 28, 20240.28 April 19, 2024171,712 Q1-2024December 27, 20230.28 January 19, 2024171,721 Q4-2023November 7, 20230.