Avalonbay Communities (AVB) Raises Quarterly Dividend 3.5% to $1.47; 3.5% Yield

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Go back to Avalonbay Communities (AVB) Raises Quarterly Dividend 3.5% to $1.47; 3.5% Yield

AvalonBay Communities, Inc. Announces 2017 Operating Results, 3.5% Dividend Increase and Initial 2018 Financial Outlook

January 31, 2018 4:18 PM EST

ARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. (NYSE: AVB) (the Company) reported today that Net Income Attributable to Common Stockholders for the three months ended December 31, 2017 was $237,573,000. This resulted in a decrease in Earnings per Share diluted (EPS) of 2.3% to $1.72 for the three months ended December 31, 2017, from $1.76 for the prior year period.

Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended December 31, 2017 increased 4.3% to $2.18 from $2.09 for the prior year period. Core FFO per share (as defined in this release) for the three months ended December 31, 2017 increased 6.1%... More