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AvalonBay Communities (AvalonBay Communities) 3-Year Dividend Growth Rate : 1.20% (As of Dec. 2023)


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What is AvalonBay Communities 3-Year Dividend Growth Rate?

AvalonBay Communities's Dividends per Share for the three months ended in Dec. 2023 was $1.65.

The historical rank and industry rank for AvalonBay Communities's 3-Year Dividend Growth Rate or its related term are showing as below:

AVB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.5   Med: 6.45   Max: 11.4
Current: 1.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of AvalonBay Communities was 11.40% per year. The lowest was 0.50% per year. And the median was 6.45% per year.

AVB's 3-Year Dividend Growth Rate is ranked worse than
56.41% of 507 companies
in the REITs industry
Industry Median: 2.1 vs AVB: 1.20

During the past 12 months, AvalonBay Communities's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

AvalonBay Communities's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.34. As of today, AvalonBay Communities's Dividend Yield % is 3.45%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of AvalonBay Communities Inc is 1.29, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of AvalonBay Communities's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, AvalonBay Communities's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvalonBay Communities's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AvalonBay Communities's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where AvalonBay Communities's 3-Year Dividend Growth Rate falls into.



AvalonBay Communities 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


AvalonBay Communities  (NYSE:AVB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

AvalonBay Communities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.65/ 1.233
=1.34

During the past 13 years, the highest Dividend Payout Ratio of AvalonBay Communities was 2.07. The lowest was 1.09. And the median was 1.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of AvalonBay Communities Inc is 1.29, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

AvalonBay Communities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.7002024-03-272024-03-282024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.6502023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 1.6502023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 1.6502023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

AvalonBay Communities's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.65/190.61
=3.49 %

Current Share Price is $190.61.
AvalonBay Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.65.

During the past 13 years, the highest Dividend Yield of AvalonBay Communities was 4.65%. The lowest was 2.50%. And the median was 3.08%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AvalonBay Communities 3-Year Dividend Growth Rate Related Terms>


AvalonBay Communities (AvalonBay Communities) Business Description

Traded in Other Exchanges
Address
4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 276 apartment communities with over 82,000 units and is developing 18 additional properties with over 5,700 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
Executives
Joanne M Lockeridge officer: Executive Vice President 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Matthew H. Birenbaum officer: EVP, Strategy & Portfolio Mgmt 671 NORTH GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Mueller Charles E Jr director C/O AVALONBAY COMMUNITIES, INC., 4040 WILSON BLVD., SUITE 1000, ARLINGTON VA 22027
Edward M Schulman officer: Vice President-General Counsel
William M Mclaughlin officer: Executive Vice President AVALONBAY COMMUNITIES, INC., 2900 EISENHOWER AVENUE, SUITE 300, ALEXANDRIA VA 22314
Timothy J Naughton officer: Chief Operating Officer 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Sean J. Breslin officer: Senior Vice President 2900 EISENHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Keri A Shea officer: VP-Finance and Treasurer 2900 EISEHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Kevin P. O'shea officer: Executive Vice President 671 N. GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Christopher B. Howard director 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Benjamin Schall director, officer: President 261 BROADWAY, NO.11B, NEW YORK NY 10007
W Edward Walter director
Horey Leo S Iii officer: Senior Vice President 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Stephen W Wilson officer: Executive Vice President C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201

AvalonBay Communities (AvalonBay Communities) Headlines