AvalonBay Communities (AvalonBay Communities) Dividend Payout Ratio

: 1.34 (As of Dec. 2023)

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AvalonBay Communities's dividend payout ratio for the months ended in Dec. 2023 was 1.34.

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.

The historical rank and industry rank for AvalonBay Communities's Dividend Payout Ratio or its related term are showing as below:

AVB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.26 Max: 2.07
Current: 1.29

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.

AVB's Dividend Payout Ratio is ranked worse than
67.08% of 565 companies
in the REITs industry
Industry Median: 1.01 vs AVB: 1.29

As of today (2024-04-19), the Dividend Yield % of AvalonBay Communities is 3.60%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

AvalonBay Communities Dividend Payout Ratio Historical Data

The historical data trend for AvalonBay Communities's Dividend Payout Ratio 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.

* Premium members only.

AvalonBay Communities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.36

1.51

2.07

1.47

1.36

AvalonBay Communities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																1.38	1.49	1.06	1.36	1.34

Competitive Comparison

For the REIT - Residential subindustry, AvalonBay Communities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Ratio Distribution

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

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

AvalonBay Communities Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	6.6	/	4.851
	=	1.36

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

AvalonBay Communities (NYSE:AVB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

AvalonBay Communities Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of AvalonBay Communities's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

AvalonBay Communities (AvalonBay Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AvalonBay Communities Inc (NYSE:AVB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

WV8:Germany A1VB34:Brazil AVBC:Austria

Address

4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203

Website

https://www.avalonbay.com

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