AvalonBay Communities, Inc. (AVB) to Issue Quarterly Dividend of $1.78 on April 15th

AvalonBay Communities, Inc. (NYSE:AVB) announced a quarterly dividend on Wednesday, February 4th. Investors of record on Tuesday, March 31st will be given a dividend of 1.78 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, March 31st. This is a 1.7% increase from AvalonBay Communities’s previous quarterly dividend of $1.75.

AvalonBay Communities has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. AvalonBay Communities has a dividend payout ratio of 122.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect AvalonBay Communities to earn $12.20 per share next year, which means the company should continue to be able to cover its $7.00 annual dividend with an expected future payout ratio of 57.4%.

AvalonBay Communities Stock Down 4.5%

AVB stock opened at $169.85 on Friday. The company has a market cap of $24.05 billion, a price-to-earnings ratio of 23.01, a P/E/G ratio of 3.04 and a beta of 0.76. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.67 and a current ratio of 0.67. The business’s 50-day moving average is $179.26 and its two-hundred day moving average is $185.10. AvalonBay Communities has a fifty-two week low of $166.73 and a fifty-two week high of $230.21.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.01. AvalonBay Communities had a return on equity of 9.72% and a net margin of 38.78%.The business had revenue of $678.85 million during the quarter, compared to the consensus estimate of $766.38 million. During the same period in the previous year, the company posted $2.80 EPS. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q1 2026 guidance at 2.730-2.830 EPS. As a group, analysts forecast that AvalonBay Communities will post 11.48 earnings per share for the current year.

About AvalonBay Communities

AvalonBay Communities, Inc (NYSE: AVB) is a publicly traded real estate investment trust (REIT) that owns, develops, redevelops and manages multifamily residential properties. The company focuses on professionally managed apartment communities, offering a range of rental housing options and related resident services. As a REIT, AvalonBay’s core activities center on the acquisition and development of apartment assets and the ongoing operations and leasing of those communities.

AvalonBay’s operating activities include ground-up development, strategic redevelopment of existing properties, property and asset management, and on-site leasing and resident services.