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AvalonBay Communities, Inc. Declares Third Quarter 2024 Dividends

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) 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 third quarter of 2024. The Common Stock dividend is $1.70 per share and is payable October 15, 2024, to all Common Stockholders of Record as of September 30, 2024.

About AvalonBay Communities, Inc.

AvalonBay Communities, Inc., a member of the S&P 500, 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 regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of June 30, 2024, the Company owned or held a direct or indirect ownership interest in 300 apartment communities containing 91,399 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development.

Copyright © 2024 AvalonBay Communities, Inc. All Rights Reserved

Contacts

Jason Reilley
Vice President
Investor Relations
AvalonBay Communities, Inc.
703-317-4681

AvalonBay Communities, Inc.

NYSE:AVB
Details
Headquarters: Arlington, Virginia
CEO: Ben Schall
Employees: 3000
Organization: PUB
Revenues: $2,294,850,000 (2021)
Net Income: $1,004,299,000 (2021)

Release Versions

Contacts

Jason Reilley
Vice President
Investor Relations
AvalonBay Communities, Inc.
703-317-4681

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