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

AvalonBay Communities, Inc. ( AVB ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $1.07 per share is scheduled to be paid on April 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 prior quarter.

The previous trading day's last sale of AVB was $126.59, representing a -16.29% decrease from the 52 week high of $151.23 and a 2.89% 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 $4.31. Zacks Investment Research reports AVB's forecasted earnings growth in 2013 as 9.27%, compared to an industry average of 7.6%.

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:

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

The top-performing ETF of this group is REZ with an increase of 8.5% over the last 100 days. It also has the highest percent weighting of AVB at 6.84%.

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


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

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