Company: AvalonBay Communities Inc. (AVB)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest. -Morningstar.com-
Symbol: AVB
Recent Price: $209.25
Dividends: $6.80
Yield: 3.25%
Sector: Real Estate
Industry: REIT-Residential
Address & Company Phone #: 4040 Wilson Blvd. Ste. 1000 Arlington VA 22203, 703-329-6300
Transfer Agent: Computershare 800-524-4458
Moody’s Rating: A3
Minimum & Maximum Investment: $100 – $100,000/quarter
Investment Dates: Every 90 days beginning 1/18
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail for $15+12¢/sh.
52 Week High & Low: $208.12, $160.45