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MAA

Mid-America Apartment Communities, Inc.

S&P 500
MAA|Real Estate|REIT - Residential|$121.81|P/E 33.4|MCap 15.2B|NYSE

Last update: Mar 25, 2026 at 04:53

About Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities is a real estate investment trust (REIT) that owns, operates, acquires, and develops apartment communities across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As an S&P 500 company, it manages a portfolio of quality multifamily residential properties designed to generate sustainable cash flow for shareholders. The company operates through its Same Store and Non-Same Store segments, with the majority of revenue derived from its established property portfolio. Mid-America Apartment Communities focuses on full-cycle investment performance by strategically acquiring and redeveloping apartment communities while maintaining stable operations across its existing properties. The company distributes regular dividends to shareholders and maintains a self-administered and self-managed structure, overseeing operations across 16 states and the District of Columbia. Its business model centers on delivering consistent returns through property management excellence and strategic capital deployment in growing residential markets throughout the United States.

Dividend Overview

Dividend Yield

4.81%

Annual Dividend

$6.08

Frequency

Quarterly

Payout Ratio

160.32%

FCF Payout Ratio

99.27%

Stock Price

$121.81

52-Week Range

$121.07 $169.42

Dividend Health Score

59/ 100Caution

MAA's dividend shows some areas that warrant monitoring. Strengths include a 93.3 debt-to-equity & 28.4% operating margin. Areas of concern: 160.3% earnings payout ratio & 99.3% fcf payout ratio. The dividend has been growing at a 8.66% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Payout & Coverage

Warning
Earnings Payout Ratio
160.3%Danger
FCF Payout Ratio
99.3%Warning
CFO Payout Ratio
64.6%Caution
Interest Coverage
3.5xCaution

Balance Sheet

Caution
Net Debt / Total Assets
44.8%Caution
Current Ratio
0.1xDanger
Debt-to-Equity
93.3Very Safe

Profitability

Caution
Return on Equity
7.6%Warning
Operating Margin
28.4%Very Safe
Gross Margin
30.9%Caution
Profit Margin Stability
ModerateCaution

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
8.7%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

MAA annual dividend per share and yield history

Earnings & Profitability

MAA earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

January 15, 2026

Next Payment Date

January 30, 2026

Dividend Growth

3-Year Dividend CAGR

9.03%

5-Year Dividend CAGR

8.66%

10-Year Dividend CAGR

7.00%

3-Year Total Growth

29.63%

5-Year Total Growth

51.50%

10-Year Total Growth

96.75%

Income Calculator

MAA Dividend Calculator

Total Investment

$12,181.00

Annual Income

$607.50

Quarterly Income

$151.88

Monthly Income

$50.63

Similar Dividend Stocks

StockYield5Y CAGRPrice
MAA
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4.81%8.66%$121.81
ESS
ESS
4.13%4.10%$243.50
INVH
INVH
4.66%14.29%$25.01
KIM
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4.40%13.34%$22.56

Frequently Asked Questions

What is MAA's current dividend yield?
Mid-America Apartment Communities, Inc. (MAA) currently has a dividend yield of 4.81%, based on a stock price of $121.81 and an annual dividend of $6.08.
When is MAA's next dividend payment date?
MAA's next ex-dividend date is 2026-01-15 and the next payment date is 2026-01-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MAA pay in dividends per year?
Mid-America Apartment Communities, Inc. paid $6.06 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MAA been increasing its dividend?
Mid-America Apartment Communities, Inc. has grown its dividend at a 5-year CAGR of 8.66% and a 10-year CAGR of 7.00%.
Is MAA's dividend safe?
Mid-America Apartment Communities, Inc. has a payout ratio of 160.32%. Its free cash flow payout ratio is 99.27%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is MAA's Dividend Health Score calculated?
The Dividend Health Score evaluates Mid-America Apartment Communities, Inc.'s dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.