|Bid||220.74 x 2200|
|Ask||221.13 x 1000|
|Day's range||218.76 - 222.58|
|52-week range||131.38 - 233.48|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||28.80|
|Earnings date||26 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||6.36 (2.81%)|
|Ex-dividend date||29 Jun 2021|
|1y target est||238.70|
Famed investor Warren Buffett quipped that his favorite holding period is forever. Two real estate investment trusts (REITs) I sold way too early were AvalonBay Communities (NYSE: AVB) and First Industrial Realty Trust (NYSE: FR). According to my records, I started buying shares of AvalonBay Communities right as the economy began recovering from the financial crisis in late 2009 and early 2010.
AvalonBay (AVB) raises Q3 total residential rental revenue projections for same-store communities, and acquires properties in Charlotte and Flower Mound.
ARLINGTON, Va., September 24, 2021--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 third quarter of 2021. The Common Stock dividend is $1.59 per share and is payable October 15, 2021 to all Common Stockholders of Record as of October 4, 2021.