Mid-America Apartment Communities, Inc.

NYSE:MAA Stock Report

Market Cap: US$18.9b

Mid-America Apartment Communities Dividend

Dividend criteria checks 5/6

Mid-America Apartment Communities is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 15th October, 2024.

Key information

3.7%

Dividend yield

61%

Payout ratio

Industry average yield3.2%
Next dividend pay date31 Oct 24
Ex dividend date15 Oct 24
Dividend per shareUS$5.880
Earnings per shareUS$4.39
Dividend yield forecast3.9%

Recent dividend updates

Recent updates

Mid-America Apartment: Good News For 2026, But 2025 Likely Gets Rough

Sep 27

Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential

Sep 19

Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)

Sep 12

Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now

Aug 09

Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)

Jul 18

Mid-American Apartment Communities: The Upside Is Now Over 15% Annually

Jul 01

Mid-America Apartment Communities: Strong Dividend Growth Accompanied By Upside Potential

Jun 10

Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds

May 06

Mid-America Apartment Communities: The True Inflation Story

Apr 18

Mid-America Apartment Communities: Sunbelt Superstar

Mar 28

Mid-America Apartments Q4: Attractive Even With 2024 Headwinds

Mar 01

Mid-America Apartment Communities: Great Quality At A Great Price

Jan 26

Mid-America Apartment Communities: I'm Buying The Correction (Rating Upgrade)

Dec 21

Mid-America Apartment Communities: The Preferred Shares Don't Make Much Sense

Nov 23

Mid-America Apartment Communities: A Sunbelt SWAN

Nov 05

Mid-America Apartment Communities: Advantages Being Ignored Amid Supply Glut

Oct 13

Mid-America Apartment Can Withstand Rental Market Slowing

Sep 25

Mid-America Apartment Communities: 4% Yielder Positioned For A Solid Performance

Sep 12

The Answer Is 7

Aug 30

Mid-America Apartment Communities: Sunbelt Multifamily Properties May Not Remain So Resilient

Aug 12

Mid-America Apartment Communities: Attractively Priced With A Fortress Balance Sheet

Aug 04

Mid-America Apartment Communities Could Be Pressured From A Weakening Economy (Rating Downgrade)

Jul 03

Why Mid-America Apartment Is A Superior REIT

Jun 06

Mid-America Apartment Communities: Market Level Returns With A Higher Dividend

May 31

Mid-America Apartment Communities Can Withstand Years Of High Interest Rates

Feb 24

Mid-America Apartment Communities: Be Selective With Entry Points Now

Feb 13

With EPS Growth And More, Mid-America Apartment Communities (NYSE:MAA) Makes An Interesting Case

Feb 12
With EPS Growth And More, Mid-America Apartment Communities (NYSE:MAA) Makes An Interesting Case

Mid-America Apartment: Sunbelt Compounder At A Discount

Jan 20

Mid-America Apartment: Sunny Outlook In The Sunbelt

Jan 09

Mid-America Apartment Communities: An Extraordinary Dividend Increase

Dec 30

Mid America Apartment Communities increases dividend by ~12%

Dec 13

Mid-America Apartment Communities: Buy, DRIP, And Profit

Dec 08

We Ran A Stock Scan For Earnings Growth And Mid-America Apartment Communities (NYSE:MAA) Passed With Ease

Oct 24
We Ran A Stock Scan For Earnings Growth And Mid-America Apartment Communities (NYSE:MAA) Passed With Ease

Mid-America Apartment Communities: Being The Landlord Helps Beat Inflation

Oct 14

Mid America Apartment Communities declares $1.25 dividend

Sep 27

Mid-America Apartment Communities: Have Orlando Renters Had Enough?

Aug 25

Upcoming Dividend Payment

TodayOct 01 2024Ex Dividend DateOct 15 2024Dividend Pay DateOct 31 202416 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MAA's dividends per share have been stable in the past 10 years.

Growing Dividend: MAA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Mid-America Apartment Communities Dividend Yield vs Market
How does MAA dividend yield compare to the market?
SegmentDividend Yield
Company (MAA)3.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Residential REITs)3.2%
Analyst forecast (MAA) (up to 3 years)3.9%

Notable Dividend: MAA's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: MAA's dividend (3.7%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.4%), MAA's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (62.3%), MAA's dividend payments are covered by cash flows.


Discover strong dividend paying companies