Press Release: AvalonBay Communities, Inc. Declares Fourth Quarter 2024 Dividends

Dow Jones
15 Nov 2024

AvalonBay Communities, Inc. Declares Fourth Quarter 2024 Dividends

ARLINGTON, Va.--(BUSINESS WIRE)--November 14, 2024-- 

AvalonBay Communities, Inc. $(AVB)$ (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 fourth quarter of 2024. The Common Stock dividend is $1.70 per share and is payable January 15, 2025, to all Common Stockholders of Record as of December 31, 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 September 30, 2024, the Company owned or held a direct or indirect ownership interest in 305 apartment communities containing 92,908 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development.

Copyright (c) 2024 AvalonBay Communities, Inc. All Rights Reserved

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114651938/en/

 
    CONTACT:    Jason Reilley 

Vice President

Investor Relations

AvalonBay Communities, Inc.

703-317-4681

 
 

(END) Dow Jones Newswires

November 14, 2024 16:15 ET (21:15 GMT)

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