AvalonBay Communities, Inc.
S&P 500AVB/Real Estate · REIT - Residential/NYSE
Dividend Yield
3.91%
$7.03 · Annual Dividend
Dividend Safety Rating
AVB's dividend appears safe and well-supported. Strengths include a 61.6% ffo payout ratio & 49.7% cfo payout ratio. Areas of concern: 0.4x current ratio & 1.9% 5-year dividend cagr. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 15 of 15 metrics
Strengths
- FFO Payout Ratio: 61.6%Dividends are well covered by funds from operations (FFO).
- Debt-to-Equity: 81.3Conservative debt level relative to equity.
- Operating Margin: 29.3%Healthy operating margin provides a wide buffer.
Risks
- Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
- 5-Year Dividend CAGR: 1.9%Dividend growth has been weak or negative.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
SafeAbout AvalonBay Communities, Inc.
AvalonBay Communities, Inc. is a leading equity Real Estate Investment Trust (REIT) specializing in the development, redevelopment, acquisition, and management of multifamily communities. The company owns a substantial portfolio of high-quality apartment properties containing tens of thousands of units, concentrated in prime markets including New England, the New York/New Jersey metro area, the Mid-Atlantic region, the Pacific Northwest, Northern California, and Southern California. AvalonBay focuses on large-scale, modern communities in major metropolitan areas, delivering well-managed residential housing options to meet urban and suburban renter demands. Its operations encompass the full lifecycle of multifamily real estate, from ground-up development and property enhancements to strategic acquisitions and ongoing property management. Headquartered in Arlington, Virginia, AvalonBay Communities plays a vital role in the residential REIT sector by providing stable, income-generating real estate investments tied to the performance of high-demand apartment markets across key U.S. regions.
Dividend Overview
Dividend Yield
3.91%
Annual Dividend
$7.03
Frequency
Quarterly
Payout Ratio
87.11%
FCF Payout Ratio
71.39%
52-Week Range
$160.10 - $206.62
Dividend History (2016–2025)
AVB annual dividend per share and yield history
Earnings & Profitability
AVB earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
June 30, 2026
Next Payment Date
July 15, 2026
Dividend Growth
3-Year Dividend CAGR
3.25%
5-Year Dividend CAGR
1.94%
10-Year Dividend CAGR
3.42%
3-Year Total Growth
10.06%
5-Year Total Growth
10.06%
10-Year Total Growth
40.00%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.