Mid-America Apartment Communities Dividends and Buybacks
Dividend criteria checks 5/6
Mid-America Apartment Communities is a dividend paying company with a current yield of 3.95% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 15th January, 2025.
Key information
4.0%
Dividend yield
-0.007%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | -1.0% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 15 Jan 25 |
| Dividend per share | US$6.060 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Mid-America Apartment Communities: Quality REIT With Rising Dividends
Dec 13Mid-America Apartment: Elevated New Deliveries Make Me Cautious
Oct 08Mid-America Apartment: Good News For 2026, But 2025 Likely Gets Rough
Sep 27Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential
Sep 19Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)
Sep 12Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now
Aug 09Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)
Jul 18Mid-American Apartment Communities: The Upside Is Now Over 15% Annually
Jul 01Mid-America Apartment Communities: Strong Dividend Growth Accompanied By Upside Potential
Jun 10Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds
May 06Mid-America Apartment Communities: The True Inflation Story
Apr 18Mid-America Apartment Communities: Sunbelt Superstar
Mar 28Mid-America Apartments Q4: Attractive Even With 2024 Headwinds
Mar 01Mid-America Apartment Communities: Great Quality At A Great Price
Jan 26Mid-America Apartment Communities: I'm Buying The Correction (Rating Upgrade)
Dec 21Mid-America Apartment Communities: The Preferred Shares Don't Make Much Sense
Nov 23Mid-America Apartment Communities: A Sunbelt SWAN
Nov 05Mid-America Apartment Communities: Advantages Being Ignored Amid Supply Glut
Oct 13Mid-America Apartment Can Withstand Rental Market Slowing
Sep 25Mid-America Apartment Communities: 4% Yielder Positioned For A Solid Performance
Sep 12The Answer Is 7
Aug 30Mid-America Apartment Communities: Sunbelt Multifamily Properties May Not Remain So Resilient
Aug 12Mid-America Apartment Communities: Attractively Priced With A Fortress Balance Sheet
Aug 04Mid-America Apartment Communities Could Be Pressured From A Weakening Economy (Rating Downgrade)
Jul 03Why Mid-America Apartment Is A Superior REIT
Jun 06Mid-America Apartment Communities: Market Level Returns With A Higher Dividend
May 31Mid-America Apartment Communities Can Withstand Years Of High Interest Rates
Feb 24Mid-America Apartment Communities: Be Selective With Entry Points Now
Feb 13Mid-America Apartment: Sunbelt Compounder At A Discount
Jan 20Mid-America Apartment: Sunny Outlook In The Sunbelt
Jan 09Mid-America Apartment Communities: An Extraordinary Dividend Increase
Dec 30Mid America Apartment Communities increases dividend by ~12%
Dec 13Mid-America Apartment Communities: Buy, DRIP, And Profit
Dec 08Mid-America Apartment Communities: Being The Landlord Helps Beat Inflation
Oct 14Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAA) | 4.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (MAA) (up to 3 years) | 4.1% |
Notable Dividend: MAA's dividend (3.95%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MAA's dividend (3.95%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.5%), MAA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.7%), MAA's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mid-America Apartment Communities, Inc. is covered by 55 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |