By Kelly Cloonan
AvalonBay Communities raised its quarterly dividend by 1.7%, to $1.78 a share from $1.75 a share.
The new payout, equal to $7.12 a year, represents an annual yield of 4% based on the stock's latest closing price of $177.81.
The dividend is payable on April 15 to stockholders of record on March 31, the real estate investment trust said Wednesday.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 04, 2026 17:38 ET (22:38 GMT)
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