Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 127

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 127
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Holders of shares of Class A
common stock, $0.01 par value per share (the “Class A common stock”), and Class C common stock, $0.01 par value
per share (the “Class C common stock”), will be entitled to receive cash dividends when, as and if authorized by our
board of directors and declared by us. On March 11, 2025, we declared quarterly cash dividends of $0.125 per share, or $0.50 per
share annually, for our Class A common stock and Class C common stock for each quarter of fiscal year 2025. The common stock
dividends will be paid on a quarterly basis.

Series B Redeemable Preferred Stock

Subject to the preferential
rights of the holders of any class or series of our capital stock ranking senior to the Series B Redeemable Preferred Stock if any
such class or series is authorized in the future, the holders of Series B Redeemable Preferred Stock are entitled to receive, when
and as authorized by our board of directors and declared by us out of legally available funds, cumulative cash dividends on each share
of Series B Redeemable Preferred Stock at an annual rate of 7.5% of the Stated Value of $25.00 per share (each, a “Series B
Dividend”). We expect Series B Dividends will be authorized and declared on a quarterly basis, payable monthly on the 5th day
of the month to holders of record as of the close of business on the 25th day of the prior month (or if such payment date or record date
is not a business day, on the immediately preceding business day, with the same force and effect as if made on such date), unless our
results of operations, our general financing conditions, general economic conditions, applicable provisions of Maryland law or other factors
make it imprudent to do so. The initial Series B Dividend payable on each share of Series B Redeemable Preferred Stock will
begin accruing on, and will be cumulative from, the date of original issuance of such share of Series B Redeemable Preferred Stock.
Each subsequent Series B Dividend will begin accruing on, and will be cumulative from, the end of the most recent Series B Dividend
period for which a Series B Dividend has been paid on each such share of Series B Redeemable Preferred Stock. A “Series B
Dividend Period” will be the respective period commencing