MAA Mid-America Apartment Communities, Inc.
Real Estate · REIT - Residential
118.51
+0.21%
About the company
Mid-America Apartment Communities, Inc. an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of June 30, 2026, MAA had ownership interest in 104,698 apartment units, including communities in development, across 16 states and the District of Columbia. Mid-America Apartment Communities, Inc. was incorporated in 1977 in Tennessee and is based in Germantown, Tennessee.
52-week range
Dividend deep dive
Mid-America Apartment Communities (MAA) is a residential REIT specializing in apartment properties. The company currently offers a dividend yield of 4.62%. This yield is above its 5-year historical high of 4.1%, suggesting the stock may be undervalued according to Yield Theory. The dividend safety status is currently marked as "watch." MAA has a dividend increase streak of 15 years, positioning it as a Dividend Contender.
Dividend history
Mid-America Apartment Communities has a consistent history of dividend payments, with a streak of 15 consecutive years of increases, earning it the Dividend Contender status. The 3-year dividend growth rate (CAGR) is 9.03%, while the 5-year CAGR stands at 8.66%. The company's Chowder Number is 13.3, exceeding the 8.0 threshold. Annual dividends per share have progressed from $2.92 in 2014 to $3.692 in 2018, $4.10 in 2021, and reached $5.60 in 2023. Projected dividends are $5.88 for 2024 and $6.06 for 2025, demonstrating continued growth.
Dividend safety
The dividend safety for Mid-America Apartment Communities is currently under "watch" status. As a REIT, the FFO payout ratio is a key metric, standing at 66.27%, which indicates the dividend is covered by Funds From Operations.
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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Ex-dividend date The cut-off day: you must already own the stock before it to receive the next dividend. Buy on or after, and the seller keeps that payment. Learn more →
The cash usually arrives later, sometimes a month or more after.
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
Held by 2 investors · watched by 1
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