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 second quarter of 2014. The
Common Stock dividend is $1.16 per share and is payable July 15, 2014 to
all Common Stockholders of Record as of June 30, 2014.
About AvalonBay Communities
As of March 31, 2014, the Company owned or held a direct or indirect
ownership interest in 276 apartment communities containing 82,374
apartment homes in twelve states and the District of Columbia, of which
31 communities were under construction and five communities were under
reconstruction. The Company is an equity REIT in the business of
developing, redeveloping, acquiring and managing apartment communities
in high barrier-to-entry markets of the United States. More information
may be found on the Company’s website at http://www.avalonbay.com.
Copyright © 2014 AvalonBay Communities, Inc. All Rights Reserved
AvalonBay Communities, Inc.
Source: AvalonBay Communities, Inc.