Should You Buy AvalonBay Communities, Inc. (NYSE:AVB) Today?

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AvalonBay Communities, Inc. (NYSE:AVB) will begin trading ex-dividend on June 29, 2020. The quarterly dividend payment of $ 1.59 per share is scheduled to be paid on July 15, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on June 29, 2020.

Dividends History
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Stock Performance

According to the previous trading day, closing price of AVB was $ 151.38, representing a 28.10 % increase from the 52 week low of $ 118.17 and a 34.01 % decrease over the 52 week high of $ 229.40.

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The company has a market capital of $ 21.30 billion and is part of the Real Estate sector and REIT – Residential industry.

As of June 30, 2019, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 86,184 apartment homes in 12 states and the District of Columbia, of which 21 communities were under development and seven communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States.