Best Dividend Companies To Buy For 2015: AvalonBay Communities Inc. (AVB)
AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. As of January 31, 2009, the company owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities. The company?s markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. AvalonBay Communities has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1978 and is based in Arlington, Virginia.
Advisors' Opinion:- [By Jonas Elmerraji]
A buoyant housing market and record low interest rates have provided a windfall for investors in AvalonBay Communities (AVB) -- shares of the $20.5 billion housing REIT have rallied more than 31% since the start of January. Many income investors go gung-ho over conventional commercial REITs, while ignoring the housing REITs; that's a big mistake. AVB is one of the best-run residential real estate investment trusts, with interests in more than 80,000 units spread across some 250 apartment communities.
It's true that housing REITs don't have many of the same protections from tenants that commercial landlord REITs do. But that hasn't stopped AVB from earning meaningful returns. The firm focuses its portfolio on affluent metro areas like New York and San Francis! co, and as a result, it has been able to maintain high occupancy rates for its apartment homes.
One of AVB's biggest benefits is its pipeline. Instead of acquiring existing apartments, the firm holds development rights to approximately 45 communities as of its most recent financial filings. That hands-on strategy means that AVB is able to collect bigger long-term returns on investment than a mere owner-operator could.
Right now, AvalonBay pays out a 3% dividend yield -- if the Fed follows the Bank of Japan's lead with another round of QE, that high dividend yield could make AVB one of the bigger beneficiaries of new money pouring into stocks.
Must Read: 10 Stocks Billionaire John Paulson Loves in 2014
- [By Susan J. Aluise]
Like all ETFs, REZ offers the diversification of a mutual fund, with low expenses and the advantages of trading on a major exchange just like a stock. REZ's top holdings include multifamily REITs like AvalonBay (AVB), Equity Residential (EQR), Essex Property Trust (ESS) as well as Public Storage (PSA) common stock, which also benefits from the rental housing boom.
- [By Amanda Alix]
With 93% of the multifamily units breaking ground in the first quarter slated for rental, apartment REITs like AvalonBay Communities (NYSE: AVB ) , Essex Property Trust Inc. (NYSE: ESS ) and Equity Residential (NYSE: EQR ) are looking like a great way to invest in the new "renter nation".
- [By GuruFocus]
George Soros (Trades, Portfolio) just reported his first quarter portfolio. He buys Citrix Systems Inc, Baker Hughes Inc, Comcast Corp, Spansion Inc, etc during the 3-months ended 03/31/2014, according to the most recent filings of his investment company, Soros Fund Management LLC. As of 03/31/2014, Soros Fund Management LLC owns 305 stocks with a total value of $10.1 billion. These are the details of the buys and sells.New Purchases: BHI, CODE, CTRP, CLI, AVB, COMM, CNQ, AGO! , AUY, AT! ML, ASH, BXMT, CSTM, AEM, CMA, ARE, CHKP, AUQ, BEAV, CX, ADSK, AALCP, BLK, AIG, BIIB, ADEP, AMRI, ARWR, ATHX, BALT, BCRX, BEAT, CFX, CLFD, CUR, CODE,Added Positions: CTXS, CMCSA, CNP, ALTR, BRCD, CBS, CRM, CHTR, CCJ, CIEN, BIDU, ALLE, ABT, CDNS, ACT,Reduced Positions: AAPL, CCI, AMT, ABBV, AAL, BITA, AL, ANGI, ARIA, CBST, BA, BIRT, EXAR,Sold Out: C, BAC, CRI, AMZN, AGN, CF, BRCM, COTY, BMY, AMCX, CAR, A, ADBE, AFL,For the details of George Soros (Trades, Portfolio)'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=George+SorosThis is the sector weightings of his portfolio:Technology18.9%Energy14%Healthcare8.3%Consumer Defensive8.2%Communication Services8.1%Consumer Cyclical5.4%Industrials5.1%Basic Materials4.9%Financial Services2.5%Real Estate1.9%Utilities0.5%These are the top 5 holdings of George Soros (Trades, Portfolio)1. Teva Pharmaceutical Industries Ltd (TEVA) - 10,310,041 shares, 5.4% of the total portfolio. Shares added by 10.67%2. Herbalife Ltd (HLF) - 4,901,337 shares, 2.8% of the total portfolio. Shares added by 52.9%3. EQT Corp (EQT) - 2,573,814 shares, 2.5% of the total portfolio. Shares added by 3.27%4. Adecoagro SA (AGRO) - 25,915,076 shares, 2.1% of the total portfolio.5. Halliburton Co (HAL) - 3,596,353 shares, 2.1% of the total portfolio. Shares reduced by 20.73%New Purchase: Baker Hughes Inc (BHI)George Soros (Trades, Portfolio) initiated holdings in Baker Hughes Inc. His purchase prices were between $51.82 and $65.2 7, with an estimated
source from Top Stocks For 2015:http://www.topstocksblog.com/best-dividend-companies-to-buy-for-2015-3.html
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