AvalonBay Communities As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
AVB $6.60 3.8% 0.0% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Apartment Communities REIT 3.8% 1 2.3% Quarter 1998

AvalonBay Communities (AVB) will raise its quarterly dividend by 3.5 percent to $1.47 per share in the first quarter of 2018. The REIT last announced a dividend increase in 2017, when the dividend was raised by 5.2 percent.

The dividend is payable on April 16, 2018 to common stockholders of record as of March 29, 2018. The new dividend yield for AVB is 3.7%.

AvalonBay Communities, Inc. is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States.