AvalonBay Communities Recognized as a Leading Socially Responsible Dividend Stock
AvalonBay Communities, Inc. (Symbol: AVB) has achieved recognition as a Top Socially Responsible Dividend Stock according to Dividend Channel. This distinction highlights its impressive ”DividendRank” statistics, which include a solid 3.0% yield. Additionally, AvalonBay is acknowledged by major asset managers for being a socially responsible investment, evaluated through various social and environmental criteria.
Understanding Environmental and Social Criteria
The evaluation of AvalonBay considers its environmental impact, including the sustainability of its products and services as well as how efficiently it uses energy and resources. Social criteria assessed include aspects like human rights practices, child labor issues, corporate diversity, and broader societal impacts. Activities connected to industries such as weapons, gambling, tobacco, and alcohol are also evaluated in this context.
Investment Statistics
According to the ETF Finder at ETF Channel, AvalonBay is included in the iShares USA ESG Select ETF (SUSA), representing 26.57% of the fund’s underlying holdings. This fund has a total investment of $1,274,427,680 in AVB shares.
Dividend History
AvalonBay Communities pays an annualized dividend of $6.8 per share, distributed quarterly. The most recent dividend ex-date was on September 30, 2024. Below is a long-term dividend history chart for AVB, which the DividendRank report emphasizes as vital for potential investors. Analyzing a company’s dividend history can provide insights into its ability to maintain ongoing dividend payments.
Industry Position
Operating in the REITs sector, AvalonBay holds its ground among notable companies like Prologis Inc (PLD) and American Tower Corp (AMT).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.