Avalonbay Communities (AVB) Raises Quarterly Dividend 8% to $1.35; 3.2% Yield
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Go back to Avalonbay Communities (AVB) Raises Quarterly Dividend 8% to $1.35; 3.2% Yield
February 3, 2016 4:17 PM EST
ARLINGTON, Va.--(BUSINESS WIRE)--
AvalonBay Communities, Inc. (NYSE: AVB) (the Company) reported today
that Funds from Operations attributable to common stockholders - diluted
(FFO) per share for the three months ended December 31, 2015 increased
11.9% to $1.97 from $1.76 for the prior year period.
Core FFO per share (as defined in this release) for the three months
ended December 31, 2015 increased 14.4% to $1.99 from $1.74 for the
prior year period.
Net Income Attributable to Common Stockholders for the three months
ended December 31, 2015 was $155,428,000. This resulted in an increase
in Earnings per Share diluted (EPS) of 4.6% to $1.13 for the three
months ended... More
