AvalonBay's (AVB) Q3 performance likely to reflect improvements in occupancy level as well as effective lease rates, thanks to the rebound in the residential real estate market fundamentals.
This year's rally in the stock market has pushed the dividend yield on stocks in the S&P 500 down to a mere 1.3%. AvalonBay Communities (NYSE: AVB) is a real estate investment trust (REIT) focused on owning apartments. Apartments are historically very stable investments.
It's time to focus on big names with strong operating histories and long records of paying reliable dividends -- even if they are a bit pricey.