AvalonBay Communities (AVB) Dividend History & Yield

AvalonBay Communities (AVB) has increased its dividend for 4 consecutive years and currently yields 4.23%. The most recent payment was $1.7800/share on Mar 31, 2026, paid Quarterly.

Current Yield

4.23%

TTM Dividend/Share

$7.03

Payment Frequency

Quarterly

Payout Ratio

94.3%

Consecutive Growth Years

4

Div Growth (1Y CAGR)

2.94%

Div Growth (5Y CAGR)

1.94%

Div Growth (10Y CAGR)

3.42%

Dividend Safety Score

2 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 94.3%, above the 75% threshold.

Free cash flow covers dividend

FCF/share ($10.04) covers dividend/share ($7.03).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have declined over the past 5 years.

10+ years of consecutive growth

Only 4 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 31, 2026

    Payment date
    Apr 15, 2026
    Dividend
    $1.7800
    Adj. dividend
    $1.7800
    Yield (ex-date)
    4.30%
  • Ex-date Dec 31, 2025

    Payment date
    Jan 15, 2026
    Dividend
    $1.7500
    Adj. dividend
    $1.7500
    Yield (ex-date)
    3.86%
  • Ex-date Sep 30, 2025

    Payment date
    Oct 15, 2025
    Dividend
    $1.7500
    Adj. dividend
    $1.7500
    Yield (ex-date)
    3.60%
  • Ex-date Jun 30, 2025

    Payment date
    Jul 15, 2025
    Dividend
    $1.7500
    Adj. dividend
    $1.7500
    Yield (ex-date)
    3.39%
  • Ex-date Mar 31, 2025

    Payment date
    Apr 15, 2025
    Dividend
    $1.7500
    Adj. dividend
    $1.7500
    Yield (ex-date)
    3.19%
  • Ex-date Dec 31, 2024

    Payment date
    Jan 15, 2025
    Dividend
    $1.7000
    Adj. dividend
    $1.7000
    Yield (ex-date)
    3.09%
  • Ex-date Sep 30, 2024

    Payment date
    Oct 15, 2024
    Dividend
    $1.7000
    Adj. dividend
    $1.7000
    Yield (ex-date)
    3.00%
  • Ex-date Jun 28, 2024

    Payment date
    Jul 15, 2024
    Dividend
    $1.7000
    Adj. dividend
    $1.7000
    Yield (ex-date)
    3.24%
  • Ex-date Mar 27, 2024

    Payment date
    Apr 15, 2024
    Dividend
    $1.7000
    Adj. dividend
    $1.7000
    Yield (ex-date)
    3.62%
  • Ex-date Dec 28, 2023

    Payment date
    Jan 16, 2024
    Dividend
    $1.6500
    Adj. dividend
    $1.6500
    Yield (ex-date)
    3.48%
  • Ex-date Sep 28, 2023

    Payment date
    Oct 16, 2023
    Dividend
    $1.6500
    Adj. dividend
    $1.6500
    Yield (ex-date)
    3.82%
  • Ex-date Jun 29, 2023

    Payment date
    Jul 17, 2023
    Dividend
    $1.6500
    Adj. dividend
    $1.6500
    Yield (ex-date)
    3.45%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 3.89%5Y: 3.38%10Y: 3.32%

Dividend Growth

CAGR (per year)1Y: 2.94%5Y: 1.94%10Y: 3.42%→ Stable

Dividend Increase Track Record

AvalonBay Communities has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 4 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$7.0000
2025$6.8000$7.0000+2.9%
2024$6.6000$6.8000+3.0%
2023$6.3600$6.6000+3.8%
2022$6.3600$6.36000.0%
2021$6.3600$6.36000.0%
2020$6.0800$6.3600+4.6%
2019$5.8800$6.0800+3.4%
2018$5.6800$5.8800+3.5%
2017$5.4000$5.6800+5.2%
2016$5.0000$5.4000+8.0%
2015$4.6400$5.0000+7.8%
2014$4.2800$4.6400+8.4%
2013$3.8800$4.2800+10.3%
2012$3.5700$3.8800+8.7%
2011$3.5700$3.57000.0%
2010$3.5700$3.57000.0%
2009$5.3775$3.5700-33.6%
2008$3.4000$5.3775+58.2%
2007$3.1200$3.4000+9.0%
2006$2.8400$3.1200+9.9%
2005$2.8000$2.8400+1.4%
2004$2.8000$2.80000.0%
2003$2.8000$2.80000.0%
2002$2.5600$2.8000+9.4%
2001$2.2400$2.5600+14.3%
2000$2.0600$2.2400+8.7%
1999$1.9500$2.0600+5.6%
1998$1.6600$1.9500+17.5%
1997$1.6100$1.6600+3.1%
1996$1.5500$1.6100+3.9%
1995$1.5500

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does AvalonBay Communities pay dividends?

Yes, AvalonBay Communities (AVB) pays quarterly dividends of approximately $7.03 per share annually, yielding 4.23%.

What is AvalonBay Communities's dividend yield?

AvalonBay Communities (AVB) has a current dividend yield of 4.23%.

Is AvalonBay Communities's dividend safe?

AvalonBay Communities (AVB) passes 2 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has AvalonBay Communities increased its dividend?

AvalonBay Communities (AVB) has 4 consecutive years of dividend increases.

What is AvalonBay Communities's dividend payout ratio?

AvalonBay Communities (AVB) has a dividend payout ratio of 94.3%.