Symbol: AIV
CIK: 922864
Exchange: NYSE
Founded: 1994 (25 years)
HQ: Denver, CO, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Residential
See AIV on Google Finance
See AIV on Yahoo Finance
See AIV on SEC.gov
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REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. Learn More
Below are the most recent cash dividends paid by AIV, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
Login to see Dividend History |
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See Annual Balance Sheet | See Quarterly Balance Sheet
Amounts in USD ($)
| Balance Sheet | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|
| Current Cash | 0 | 198,389,000 | 72,595,000 | 104,299,000 |
| Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Current Assets | 0 | 0 | 0 | 0 |
| Current Assets (Other) | 0 | 0 | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Long-term Investments | 0 | 90,100,000 | 96,237,000 | 87,000,000 |
| Property, Plant & Equipment Net | 0 | 87,500,000 | 0 | 0 |
| Goodwill | 37,808,000 | 0 | 37,800,000 | 0 |
| Intangible Assets | 0 | 0 | 23,933,000 | 0 |
| Other Assets | 418,089,000 | 263,927,000 | 113,274,000 | 263,067,000 |
| Net Tangible Assets | 1,725,410,000 | 1,883,636,000 | 1,661,619,000 | 2,125,682,000 |
| Total Assets | 6,240,804,000 | 6,283,769,000 | 6,190,004,000 | 6,185,021,000 |
| Accounts Payable | 0 | 0 | 0 | 0 |
| Liabilities (Other) | 299,313,000 | 213,579,000 | 249,407,000 | 242,782,000 |
| Current Liabilities (Other) | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 0 |
| Current Long-term Debt | 0 | 0 | 168,554,000 | 0 |
| Long-term Debt | 3,997,447,000 | 4,008,723,000 | 3,907,111,000 | 3,646,789,000 |
| Total Liabilities | 4,296,760,000 | 4,222,302,000 | 4,325,072,000 | 3,889,571,000 |
| Minority Interest | 5,537,000 | 17,162,000 | 2,433,000 | 33,926,000 |
| Common Stock | 1,488,000 | 1,488,000 | 1,491,000 | 1,574,000 |
| Retained Earnings | -1,741,765,000 | -1,742,998,000 | -1,947,507,000 | -1,894,054,000 |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Capital Surplus | 3,498,629,000 | 3,495,295,000 | 3,515,641,000 | 3,888,312,000 |
| Shareholder Equity | 1,763,218,000 | 1,883,636,000 | 1,699,419,000 | 2,125,682,000 |
See Annual Income Statement | See Quarterly Income Statement
Amounts in USD ($)
| Income Statement | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|
| Total Revenue | 224,200,000 | 230,235,000 | 232,022,000 | 242,020,000 |
| Cost of Revenue | 167,763,000 | 175,949,000 | 166,732,000 | 177,268,000 |
| Gross Profit | 56,437,000 | 54,286,000 | 65,290,000 | 64,752,000 |
| Research and Development | 0 | 0 | 0 | 0 |
| Selling General and Admin | 0 | 0 | 0 | 0 |
| Operating Expense | 179,887,000 | 186,318,000 | 175,806,000 | 189,747,000 |
| Operating Income | 40,104,000 | 41,414,000 | 66,064,000 | 46,493,000 |
| Income Expense Net (Other) | 28,065,000 | 252,862,000 | -56,633,000 | -42,602,000 |
| EBIT | 40,104,000 | 41,414,000 | 66,064,000 | 46,493,000 |
| Interest Income | 39,541,000 | 41,409,000 | 57,441,000 | 45,031,000 |
| Pretax Income | 68,169,000 | 294,276,000 | 9,431,000 | 3,891,000 |
| Income Tax | -1,827,000 | 2,981,000 | -409,000 | -27,941,000 |
| Minority Interest | 5,537,000 | 17,162,000 | 2,433,000 | 33,926,000 |
| Net Income | 64,421,000 | 273,716,000 | 7,374,000 | -2,908,000 |
| Net Income Basic | 59,234,000 | 271,568,000 | 5,226,000 | -5,056,000 |
See Annual Cash Flow | See Quarterly Cash Flow
Amounts in USD ($)
| Cash Flow | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|
| Net Income | 64,421,000 | 273,716,000 | 7,374,000 | -2,908,000 |
| Depreciation | 0 | 93,565,000 | 91,347,000 | 96,406,000 |
| Changes in Receivables | 0 | 0 | 0 | 0 |
| Changes in Inventories | 0 | 0 | 0 | 0 |
| Cash Change | 0 | 125,794,000 | -31,704,000 | -34,641,000 |
| Cash Flow | 0 | 81,617,000 | 93,462,000 | 117,300,000 |
| Capital Expenditures | 0 | -88,865,000 | -95,058,000 | -89,033,000 |
| Investments | 0 | 337,194,000 | -25,233,000 | 621,365,000 |
| Investing Activity (Other) | 0 | 0 | -1,508,000 | 0 |
| Total Investing Cash Flows | 0 | 249,751,000 | -118,484,000 | 531,948,000 |
| Dividends Paid | 0 | -69,553,000 | -60,716,000 | -61,797,000 |
| Net Borrowings | 109,940,000 | -109,940,000 | 442,867,000 | -616,167,000 |
| Cash Flow Financing | 109,940,000 | -205,574,000 | -6,682,000 | -683,889,000 |
| Financing Cash Flows (Other) | 0 | -5,399,000 | -15,240,000 | -5,925,000 |
| Exchange Rate Effect | 0 | 0 | 0 | 0 |
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate. As of December 31, 2016, its real estate portfolio consisted of 189 apartment communities with 46,311 apartment homes.
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 8 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 5.3 |
| 8 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 4.4 |
| 10 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.8 |
| 10 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 7.5 |
| 8 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 8.7 |
| Rating | Leverage Section | Avg. Rating |
| 3 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.1 |
| 3 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 5.9 |
| 7 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 8.0 |
| 9 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 7.3 |
| 4 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.2 |
| 8 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 7.0 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 4 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 6.9 |
| 5 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 7.2 |
| Rating | Properties Section | Avg. Rating |
| 9 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 8.2 |
| 9 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 8.3 |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.1 |
| 7.1 | Overall REITRating™ Score | 6.6 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Equity Residential (EQR) | 7.7 | NYSE | Large-Cap | Residential | United States |
| Mid-America Apartment Communities, Inc. (MAA) | 8.1 | NYSE | Large-Cap | Residential | United States |
| Essex Property Trust, Inc. (ESS) | 8.1 | NYSE | Large-Cap | Residential | United States |
| AvalonBay Communities, Inc. (AVB) | 8.6 | NYSE | Large-Cap | Residential | United States |
| UDR Inc. (UDR) | 8.7 | NYSE | Large-Cap | Residential | United States |
| Independence Realty Trust, Inc. (IRT) | 6.8 | NYSE | Small-Cap | Residential | United States |
| American Homes 4 Rent (AMH) | 7.2 | NYSE | Mid-Cap | Residential | United States |