Apartment Income REIT Corp. (AIRC) Dividends
AIRC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $39.08 | $93.31 | 79.85% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for AIRC, the DDM model generated by StockNews estimates a return of positive 79.85% in comparison to its current price. Digging deeper, the aspects of Apartment Income REIT Corp's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Apartment Income REIT Corp produces a dividend yield 3.47% -- which falls in the top 27.54%.
- With a market cap of roughly $8 billion, AIRC is in the mid-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 72.28% of them.
- AIRC's market cap of approximately $8 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 71.74% of them.
AIRC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-15 | Dividend | $0.45 | -- |
| 2023-11-16 | Dividend | $0.45 | -- |
| 2023-08-17 | Dividend | $0.45 | -- |
| 2023-05-18 | Dividend | $0.45 | -- |
| 2023-02-16 | Dividend | $0.45 | -- |
| 2022-11-17 | Dividend | $0.45 | -- |
| 2022-08-18 | Dividend | $0.45 | -- |
| 2022-05-19 | Dividend | $0.45 | -- |
| 2022-02-16 | Dividend | $0.45 | +2.27% |
| 2021-11-10 | Dividend | $0.44 | -- |
| 2021-08-12 | Dividend | $0.44 | +2.33% |
| 2021-05-13 | Dividend | $0.43 | -- |
| 2021-02-11 | Dividend | $0.43 | -- |
AIRC Dividends vs. Peers
AIRC's dividend yield currently ranks #9 of 30 vs. its peers in the REITs - Residential category.