AVB Dividends
AvalonBay Communities, Inc. (AVB) pays $7.03 in dividends per share, with a current dividend yield of 3.81%. The company has dividend history for 3 consecutive years.
AVB Dividend Summary
3.81%
$7.03
95.00%
65.86%
Consecutive Years
3
Next Ex-Dividend Date
Jun 30, 2026
Next Payment Date
Jul 15, 2026
AVB Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
AVB Dividends CAGR Chart
AvalonBay Communities, Inc. (AVB)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $3.56 | — |
| 2025 | $7.00 | +2.94% |
| 2024 | $6.80 | +3.03% |
| 2023 | $6.60 | +3.77% |
| 2022 | $6.36 | +0.00% |
| 2021 | $6.36 | +0.00% |
| 2020 | $6.36 | +4.61% |
| 2019 | $6.08 | +3.40% |
| 2018 | $5.88 | +3.52% |
| 2017 | $5.68 | +5.19% |
| 2016 | $5.40 | +8.00% |
| 2015 | $5.00 | +7.76% |
| 2014 | $4.64 | +8.41% |
| 2013 | $4.28 | +10.31% |
| 2012 | $3.88 | +8.68% |
| 2011 | $3.57 | +0.00% |
| 2010 | $3.57 | +0.00% |
| 2009 | $3.57 | -33.61% |
| 2008 | $5.38 | +58.16% |
| 2007 | $3.40 | +8.97% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $1.78 | +1.71% |
| Q1 2026 | $1.78 | +1.71% |
| Q4 2025 | $1.75 | +2.94% |
| Q3 2025 | $1.75 | +2.94% |
| Q2 2025 | $1.75 | +2.94% |
| Q1 2025 | $1.75 | +2.94% |
| Q4 2024 | $1.70 | +3.03% |
| Q3 2024 | $1.70 | +3.03% |
| Q2 2024 | $1.70 | +3.03% |
| Q1 2024 | $1.70 | +3.03% |
| Q4 2023 | $1.65 | +3.77% |
| Q3 2023 | $1.65 | +3.77% |
| Q2 2023 | $1.65 | +3.77% |
| Q1 2023 | $1.65 | +3.77% |
| Q4 2022 | $1.59 | — |
| Q3 2022 | $1.59 | — |
| Q2 2022 | $1.59 | +0.00% |
| Q1 2022 | $1.59 | +0.00% |
| Q4 2021 | $3.18 | — |
| Q2 2021 | $1.59 | +0.00% |
| Q1 2021 | $1.59 | +0.00% |
| Q4 2020 | $1.59 | +4.61% |
| Q3 2020 | $1.59 | +4.61% |
| Q2 2020 | $1.59 | +4.61% |
Dividend Yield Metrics
- Current Yield
- 3.81%
- Average Yield (TTM)
- 3.81%
- Average Yield (3Y)
- 3.69%
- Forward Yield on Cost (3Y)
- 4.20%
- Forward Yield on Cost (5Y)
- 4.47%
- Forward Yield on Cost (10Y)
- 5.25%
Payout Ratio Analysis
- Payout Ratio (Current)
- 95.00%
- FCF Payout Ratio
- 65.86%
- Payout Ratio (3Y Avg)
- 94.80%
- Payout Ratio (5Y Avg)
- 90.22%
- FCF Payout (3Y Avg)
- 68.89%
- FCF Payout (5Y Avg)
- 72.46%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About AvalonBay Communities, Inc.
At the close of 2020, AvalonBay Communities held a direct or indirect ownership stake in a substantial portfolio encompassing 291 apartment communities. These properties collectively contained 86,025 residential units across 11 states and the District of Columbia. Among these, 18 communities were actively under development, and one was undergoing redevelopment. As an equity REIT, AvalonBay's primary activities involve the development, redevelopment, acquisition, and management of apartment communities. The company strategically targets prominent metropolitan areas such as New England, the New York/New Jersey metro region, the Mid-Atlantic states, the Pacific Northwest, and both Northern and Southern California. Furthermore, AvalonBay is expanding its presence into key growth markets, specifically Southeast Florida and Denver, Colorado.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Benjamin W. Schall