AVB (AvalonBay Communities) Dividend-Payout-to-FFO: 0.66 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AVB AvalonBay Communities Inc AVB
86 GF Score
Price $187.56
GF Value $208.24
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is AvalonBay Communities Dividend-Payout-to-FFO?

AvalonBay Communities AVB -1.08% 86 Dividend-Payout-to-FFO is 0.66 as of Mar. 2026. GuruFocus rates AVB with a GF Score™ of 86/100 and a GF Value™ of $208.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

AvalonBay Communities's Dividends per Share for the three months that ended in Mar. 2026 was $1.78 Mil. AvalonBay Communities's FFO per Share for the three months that ended in Mar. 2026 was $2.70 Mil. Therefore, AvalonBay Communities's dividend payout to FFO for the three months ended in Mar. 2026 was 0.66.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


AvalonBay Communities Dividend-Payout-to-FFO Related Terms


AvalonBay Communities Dividend-Payout-to-FFO Historical Data

* Premium members only.

The historical data trend for AvalonBay Communities's Dividend-Payout-to-FFO can be seen below:

* 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 Dividend-Payout-to-FFO Chart

AvalonBay Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend-Payout-to-FFO
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.66 0.64 0.62 0.62

AvalonBay Communities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend-Payout-to-FFO Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.58 0.63 0.66 0.65

AVB vs EQR, ESS, INVH: Dividend-Payout-to-FFO Comparison

For the REIT - Residential subindustry, AvalonBay Communities's Dividend-Payout-to-FFO, along with its competitors' market caps and Dividend-Payout-to-FFO 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 Dividend-Payout-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, AvalonBay Communities's Dividend-Payout-to-FFO distribution charts can be found below:

* The bar in red indicates where AvalonBay Communities's Dividend-Payout-to-FFO falls into.


AVB
86GF Score
AvalonBay Communities Inc AVB
Dividend-Payout-to-FFO is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AvalonBay Communities Dividend-Payout-to-FFO Calculation

Dividend-Payout-to-FFO is calculated as Dividends per Share divided by its FFO per Share.

AvalonBay Communities's Dividend-Payout-to-FFO for the fiscal year that ended in Dec. 2025 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (A: Dec. 2025 )/FFO per Share (A: Dec. 2025 )
=7/11.353
=0.62

AvalonBay Communities's Dividend-Payout-to-FFO for the quarter that ended in Mar. 2026 is calculated as

Dividend-Payout-to-FFO=Dividends per Share (Q: Mar. 2026 )/FFO per Share (Q: Mar. 2026 )
=1.78/2.697
=0.66

* 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.

Frequently Asked Questions Learn more about Dividend-Payout-to-FFO →
What does a Dividend-Payout-to-FFO of 0.66 mean?
AvalonBay Communities (AVB) has a Dividend-Payout-to-FFO of 0.66 as of Mar. 2026. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on AvalonBay Communities and its competitors.
Is AvalonBay Communities' Dividend-Payout-to-FFO too high?
AvalonBay Communities' current Dividend-Payout-to-FFO is 0.66. Overall, AvalonBay Communities has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AvalonBay Communities' Dividend-Payout-to-FFO compare to EQR and ESS?
AvalonBay Communities' Dividend-Payout-to-FFO of 0.66 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend-Payout-to-FFO for a REITs company?
A good Dividend-Payout-to-FFO depends on the REITs industry context. However, Dividend-Payout-to-FFO should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend-Payout-to-FFO mean?
A high Dividend-Payout-to-FFO can signal that a stock is expensive relative to its fundamentals. Dividend Payout to FFO is the percent of a REIT's funds from operations paid out as dividends. View historical data on AvalonBay Communities and its competitors. AvalonBay Communities's current Dividend-Payout-to-FFO is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AvalonBay Communities stock overvalued right now?
Based on GuruFocus' analysis, AvalonBay Communities (AVB) is currently considered Modestly Undervalued. The stock's GF Value™ is $208.24, compared to a current price of $187.56 — trading 9.9% below its estimated fair value. The current Dividend-Payout-to-FFO is 0.66. AvalonBay Communities' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend-Payout-to-FFO calculated?
Dividend-Payout-to-FFO is calculated from a company's financial statements. For AvalonBay Communities (AVB), the current Dividend-Payout-to-FFO is 0.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AvalonBay Communities (AVB) Overvalued in 2026?

Based on GuruFocus' analysis, AvalonBay Communities stock appears to be undervalued. The current stock price of $187.56 is trading 9.9% below its estimated GF Value™ of $208.24. GuruFocus considers AvalonBay Communities to be Modestly Undervalued.

Key valuation signals for AVB:

  • Dividend-Payout-to-FFO: 0.66
  • GF Value™: $208.24 vs. price of $187.56 (9.9% below fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the AVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AvalonBay Communities Business Description

Industry Real EstateREITs
Address 4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 296 apartment communities with more than 90,000 units and is developing 24 additional properties with approximately 8,600 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.
86GF Score

Get the complete analysis for AVB

Dividend-Payout-to-FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$187.56
Price
$208.24
GF Value