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ARLINGTON, Va.–(BUSINESS WIRE)–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 second quarter of 2019. The
Common Stock dividend is $1.52 per share and is payable July 15, 2019 to
all Common Stockholders of Record as of June 28, 2019.

About AvalonBay Communities, Inc.

As of March 31, 2019, the Company owned or held a direct or indirect
ownership interest in 291 apartment communities containing 85,313
apartment homes in 12 states and the District of Columbia, of which 19
communities were under development and nine 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 © 2019 AvalonBay Communities, Inc. All Rights Reserved

Contacts

Jason Reilley
Vice President
Investor Relations
AvalonBay
Communities, Inc.
703-317-4681