Mid-America Apartment Communities, Inc. (NYSE:MAA) to Issue $1.53 Quarterly Dividend

Mid-America Apartment Communities, Inc. (NYSE:MAA) announced a quarterly dividend on Tuesday, March 17th. Shareholders of record on Wednesday, April 15th will be given a dividend of 1.53 per share by the real estate investment trust on Thursday, April 30th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, April 15th.

Mid-America Apartment Communities has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 16 years. Mid-America Apartment Communities has a payout ratio of 157.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Mid-America Apartment Communities to earn $9.22 per share next year, which means the company should continue to be able to cover its $6.12 annual dividend with an expected future payout ratio of 66.4%.

Mid-America Apartment Communities Price Performance

NYSE:MAA opened at $128.09 on Wednesday. Mid-America Apartment Communities has a 52 week low of $125.75 and a 52 week high of $169.42. The stock’s fifty day moving average is $133.68 and its two-hundred day moving average is $134.91. The company has a market capitalization of $14.97 billion, a P/E ratio of 33.89, a P/E/G ratio of 2.11 and a beta of 0.79. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The business had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Equities analysts expect that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.