AP NEWS

AvalonBay Communities, Inc. Declares Fourth Quarter 2018 Dividends

November 14, 2018

ARLINGTON, Va.--(BUSINESS WIRE)--Nov 14, 2018--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 fourth quarter of 2018. The Common Stock dividend is $1.47 per share and is payable January 15, 2019 to all Common Stockholders of Record as of December 31, 2018.

About AvalonBay Communities, Inc.

As of September 30, 2018, the Company owned or held a direct or indirect ownership interest in 290 apartment communities containing 84,490 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and 15 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 © 2018 AvalonBay Communities, Inc. All Rights Reserved

View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005839/en/

CONTACT: Jason Reilley

Vice President

Investor Relations

AvalonBay Communities, Inc.

703-317-4681

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: AvalonBay Communities, Inc.

Copyright Business Wire 2018.

PUB: 11/14/2018 04:15 PM/DISC: 11/14/2018 04:15 PM

http://www.businesswire.com/news/home/20181114005839/en

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