AvalonBay Communities, Inc. Declares Third Quarter 2017 Dividends

ARLINGTON, Va.--(BUSINESS WIRE)-- 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 2017. The Common Stock dividend is $1.42 per share and is payable October 16, 2017 to all Common Stockholders of Record as of September 29, 2017.

About AvalonBay Communities, Inc.

As of June 30, 2017, the Company owned or held a direct or indirect ownership interest in 287 apartment communities containing 83,123 apartment homes in 10 states and the District of Columbia, of which 23 communities were under development and nine 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. More information may be found on the Company’s website at http://www.avalonbay.com.

Copyright © 2017 AvalonBay Communities, Inc. All Rights Reserved

View source version on businesswire.com: http://www.businesswire.com/news/home/20170914006362/en/

AvalonBay Communities, Inc.
Jason Reilley
Senior Director, Investor Relations
703-317-4681

Source: AvalonBay Communities, Inc.

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