AvalonBay Communities, Inc. Declares Second Quarter 2016 Dividends
May 19 2016 - 4:15PM
Business Wire
AvalonBay Communities, Inc. (NYSE: AVB) 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 second
quarter of 2016. The Common Stock dividend is $1.35 per share and
is payable July 15, 2016 to all Common Stockholders of Record as of
June 30, 2016.
About AvalonBay Communities, Inc.
As of March 31, 2016, the Company owned or held a direct or
indirect ownership interest in 282 apartment communities containing
83,049 apartment homes in 10 states and the District of Columbia,
of which 24 communities were under construction and 11 communities
were under reconstruction. The Company 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 the Northern and Southern California regions of the
United States. More information may be found on the Company’s
website at http://www.avalonbay.com.
Copyright © 2016 AvalonBay Communities, Inc.
All Rights Reserved
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Jason ReilleySenior DirectorInvestor RelationsAvalonBay
Communities, Inc.703-317-4681
Avalonbay Communities (NYSE:AVB)
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