AvalonBay Communities, Inc. (AVB) Ex-Dividend Date Scheduled for June 26, 2013

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AvalonBay Communities, Inc. ( AVB ) will begin trading ex-dividend on June 26, 2013. A cash dividend payment of $1.07 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased AVB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.31% increase over the same period a year ago. At the current stock price of $133.54, the dividend yield is 3.21%.

The previous trading day's last sale of AVB was $133.54, representing a -11.7% decrease from the 52 week high of $151.23 and a 8.53% increase over the 52 week low of $123.04.

AVB is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). AVB's current earnings per share, an indicator of a company's profitability, is $4.34. Zacks Investment Research reports AVB's forecasted earnings growth in 2013 as 16.08%, compared to an industry average of 10.9%.

For more information on the declaration, record and payment dates, visit the AVB Dividend History page.

Interested in gaining exposure to AVB through an Exchange Traded Fund [ETF]?
The following ETF(s) have AVB as a top-10 holding:

  • PowerShares Active U.S. Real Estate Fund ( PSR )
  • iShares Cohen & Steers Realty Majors Index Fund ( ICF )
  • iShares FTSE NAREIT Residential Index Fund ( REZ )
  • Vanguard REIT ETF ( VNQ )
  • streetTRACKS Wilshire REIT Index Fund ( RWR ).

The top-performing ETF of this group is REZ with an decrease of -2.74% over the last 100 days. PSR has the highest percent weighting of AVB at 6.03%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



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