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AvalonBay Communities, Inc. Declares First Quarter 2021 Dividends

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AvalonBay Communities, Inc. (NYSE:AVB) declared a cash dividend of $1.59 per share for the first quarter of 2021. This dividend is payable on April 15, 2021, to stockholders of record as of March 31, 2021. As of December 31, 2020, AvalonBay owned or had interests in 291 apartment communities with 86,025 homes across 11 states and the District of Columbia, highlighting its expansive presence in major metropolitan areas.

Positive
  • Declared a cash dividend of $1.59 per share, reinforcing shareholder income.
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  • None.

AvalonBay Communities, Inc. (NYSE:AVB) announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock (par value $0.01 per share) for the first quarter of 2021. The Common Stock dividend is $1.59 per share and is payable April 15, 2021 to all Common Stockholders of Record as of March 31, 2021.

About AvalonBay Communities, Inc.
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets"). More information may be found on the Company’s website at http://www.avalonbay.com.

Copyright © 2021 AvalonBay Communities, Inc. All Rights Reserved

FAQ

What is the dividend amount declared by AvalonBay Communities for Q1 2021?

AvalonBay Communities declared a cash dividend of $1.59 per share for Q1 2021.

When will the dividend be paid to shareholders?

The dividend will be paid on April 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 31, 2021.

How many apartment communities does AvalonBay own?

As of December 31, 2020, AvalonBay owned or held interests in 291 apartment communities.

AvalonBay Communities, Inc.

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31.76B
141.74M
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95.7%
1.9%
REIT - Residential
Real Estate Investment Trusts
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United States of America
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