1 Reason to Buy AvalonBay Communities (AVB)

AvalonBay Communities (NYSE: AVB) is one of the country's largest apartment landlords, with almost 95,000 units across a dozen states. It has a diversified portfolio spanning major coastal markets and growing metro areas in the Sunbelt region. The residential REIT has an excellent record of growing shareholder value, delivering an average annual total return of 11.7% since its IPO. A big driver of those returns is its dividend. A key reason to buy AvalonBay is its high 3.5% current yield, along with its steadily rising payout. It's had a 4.8% compound annual growth rate since 2000. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool