Dividend Growth of AvalonBay Communities, Inc.(AVB)

AvalonBay Communities(AVB) is having a Dividend Yield of 3.04% with the Annual cash Dividend per share of $5.4. The last quarter cash dividend per share pay out was $1.35. AvalonBay Communities has a 5 year average dividend yield of 3.04% and the stock has a Indicated annual dividend of $5.4. AvalonBay Communities(AVB) formally announced its most recent dividend on February 2, 2017 with a Dividend per share of $1.42. The new indicated annual dividend based on announced dividend per share is $5.68. The dividend yield based on the forward looking indicated annual dividend is 3.19%. AvalonBay Communities(AVB) has the most recent dividend payout ratio of 0.65 with a 5-year average payout ratio of 0.69. The 5 year historical dividend growth of AvalonBay Communities(AVB) is at the rate of 8.18% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

AvalonBay Communities, Inc. (NYSE:AVB) rose 0.7% or 1.24 points on Thursday and made its way into the gainers of the day. After trading began at $178.28 the stock was seen hitting $179.25 as a peak level and $177.3 as the lowest level. The stock ended up at $179.07. The daily volume was measured at 569,742 shares. The 52-week high of the share price is $192.29 and the 52-week low is $158.32. The company has a market cap of $24,591 million. Shares of AvalonBay Communities, Inc. rose by 0.46% in the last five trading days and 1.42% for the last 4 weeks. AvalonBay Communities, Inc. is up 9.28% in the last 3-month period. Year-to-Date the stock performance stands at 1.08%.

Currently the company Insiders own 0.53% of AvalonBay Communities, Inc. shares according to the proxy statements. Institutional Investors own 97.05% of AvalonBay Communities, Inc. shares. Company has reported several Insider transactions to the SEC, on Aug 11, 2016, Sean J. Breslin (Chief Operating Officer) sold 1,000 shares at 185.71 per share price.On Aug 9, 2016, Matthew H. Birenbaum (Chief Investment Officer) sold 6,984 shares at 185.00 per share price.On May 12, 2016, William M Mclaughlin (Executive Vice President) sold 10,000 shares at 190.93 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Mizuho on Dec 16, 2016 to Buy, Raises Price Target to $ 190 from a previous price target of $180 .AvalonBay Communities Inc was Downgraded by BofA/Merrill to Neutral on Nov 23, 2016.

AvalonBay Communities Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $2.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $2.11. The company had revenue of $518.24 million for the quarter, compared to analysts expectations of $517.23 million. The companys revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 EPS.

AvalonBay Communities, Inc. is a real estate investment trust. They focus on the ownership and operation of upscale apartment communities in high barrier-to-entry markets of the United States. These markets include Northern and Southern California and selected states in the Mid-Atlantic, Northeast, Midwest and Pacific Northwest regions of the country. AvalonBay is the surviving corporation from the merger of Avalon Properties, Inc. with and into Bay Apartment Communities, Inc.


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