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Data last updated: Aug 29, 2026
Snapshot (as of Aug 29, 2026): AvalonBay Communities, Inc. (AVB) pays a $7.06 annual dividend ($1.78 quarterly), yielding 3.84% at $184.06/share. Next ex-dividend date 2026-06-30. 16 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.84%
Annual Dividend: $7.06 per share
Payout Ratio: 97.1%
Ex-Dividend Date: 2026-06-30
Dividend Frequency: quarterly
Sector: Real Estate
Years of Dividend History: 33
AvalonBay Communities, Inc. dividend income comes from one of the largest apartment REITs in the U.S., with 291 communities and 86,025 residential units across 11 states and Washington D.C. AVB currently yields 3.8%, paying $7.06 per share over the trailing twelve months in quarterly installments, with the next ex-dividend date on June 30, 2026. The last declared quarterly payment was $1.78 per share. With a beta of 0.78, AVB stock moves less than the broader market, which suits income-focused investors who prioritize lower volatility over aggressive growth.
AvalonBay Communities, Inc. pays out 97.1% of earnings as dividends, a payout ratio classified as high (above 75%). That level leaves almost no buffer from reported earnings, though AVB operates in high-demand metropolitan rental markets including New England, the New York/New Jersey metro region, and both Northern and Southern California, where apartment demand supports recurring revenue. AvalonBay Communities, Inc. dividend safety is the central question at this payout level: the biggest pressure point is that any meaningful earnings decline, whether from rising vacancies or higher operating costs, would leave the dividend with very little room before a cut becomes necessary.
AvalonBay Communities, Inc. dividend history shows a CAGR of 4.9% per year from 2011 to 2025. The per-share annual dividend grew from $3.57 to $7.00 over that period (2026 data is partial and excluded from this calculation). Growth was not linear: the dividend held flat at $6.36 for three consecutive years from 2020 through 2022 before resuming increases. The largest single-year jump in the window was 10.3% in 2013, while more recent annual increases have been in the 2-3% range, which is meaningfully slower for investors counting on dividend income to keep pace with inflation.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +3.2% | $6.36 (2022) | $7.00 (2025) |
| 5-Year | +1.9% | $6.36 (2020) | $7.00 (2025) |
| 10-Year | +3.4% | $5.00 (2015) | $7.00 (2025) |
AVB fits income-focused investors who want exposure to large-scale residential real estate in high-cost U.S. metro markets without taking on significant market volatility. The current yield of 3.8% sits in the moderate (2-4%) range and runs slightly above the 5-year average of 3.57%, which means today's entry point offers a marginally better income rate than the recent norm. The 16-year streak of consecutive dividend increases adds a degree of reliability to the income stream. The trade-off is a 97.1% payout ratio that leaves almost no earnings cushion, and a growth rate that has slowed to the low single digits in recent years. Income is the draw here; capital appreciation and fast dividend growth are not part of the proposition.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-30 | $1.7800 |
| 2026-03-31 | $1.7800 |
| 2025-12-31 | $1.7500 |
| 2025-09-30 | $1.7500 |
| 2025-06-30 | $1.7500 |
| 2025-03-31 | $1.7500 |
| 2024-12-31 | $1.7000 |
| 2024-09-30 | $1.7000 |
| 2024-06-28 | $1.7000 |
| 2024-03-27 | $1.7000 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.5600 |
| 2025 | $7.0000 |
| 2024 | $6.8000 |
| 2023 | $6.6000 |
| 2022 | $6.3600 |
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