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

Mid-America Apartment Communities, Inc. (NYSE:MAA) declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 1.53 per share by the real estate investment trust on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Wednesday, July 15th.

Mid-America Apartment Communities has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. Mid-America Apartment Communities has a dividend 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 analysts expect Mid-America Apartment Communities to earn $8.69 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 70.4%.

Mid-America Apartment Communities Trading Up 0.2%

Mid-America Apartment Communities stock opened at $128.55 on Wednesday. The stock has a 50-day moving average price of $126.28 and a 200 day moving average price of $131.28. The company has a market capitalization of $14.96 billion, a price-to-earnings ratio of 38.95 and a beta of 0.77. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $161.63. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same quarter in the prior year, the company earned $2.20 EPS. Mid-America Apartment Communities’s quarterly revenue was up .8% on a year-over-year basis. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Sell-side analysts anticipate that Mid-America Apartment Communities will post 8.52 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.