AvalonBay Communities, Inc.
VMRKReal Estate · Stock · quarterly payer
Forward Yield
3.93%
Annual Dividend
$2.55
Payout Ratio
97%
5-Yr Growth
2.7%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of September 2026, AvalonBay Communities, Inc. (VMRK) yields 3.93% ($2.55 per share annually), with a blended fair-value estimate of $87.14 — +33% upside, so it screens as undervalued. Dividend safety grade: B (72/100). 4 years of dividend growth.
Is VMRK a good dividend stock?
Yes, with caveatsAvalonBay Communities, Inc. (VMRK) pays a quarterly dividend yielding 3.93% ($2.55/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2016
- Elevated payout ratio (97%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.93%
- Payout Ratio
- 97%
- Annual Dividend
- $2.55
- 5-Yr Avg Growth
- 2.7%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $50.3B
- P/E Ratio
- 24.9
- 5-Yr Total Return
- -19%
- 52-Week Range
- $57.57 – $71.50
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
VMRK Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+12%
5 Years
-19%
52-Week Range
$57.57 – $71.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VMRK worth?
Undervaluedlow confidenceOur blended fair-value estimate for AvalonBay Communities, Inc. is $87.14 per share, versus a market price of $65.54. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$87.14
Current Price
$65.54
Upside
+33%
Margin of Safety
25%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.61 EPS, $2.55 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VMRK Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 29, 2026 | — | $0.7030 | regular |
| Mar 30, 2026 | — | $0.7030 | regular |
| Jan 2, 2026 | — | $0.6930 | regular |
| Sep 25, 2025 | — | $0.6930 | regular |
| Jun 24, 2025 | — | $0.6930 | regular |
| Mar 31, 2025 | — | $0.6930 | regular |
| Jan 2, 2025 | — | $0.6750 | regular |
| Sep 24, 2024 | — | $0.6750 | regular |
| Jul 1, 2024 | — | $0.6750 | regular |
| Mar 22, 2024 | — | $0.6750 | regular |
| Dec 29, 2023 | — | $0.6630 | regular |
| Sep 25, 2023 | — | $0.6630 | regular |
| Jun 23, 2023 | — | $0.6630 | regular |
| Mar 24, 2023 | — | $0.6630 | regular |
Income Calculator
At $2.55 / yr per share
