MAA Mid America Apartment Communities dividend history, payout ratio & dates
Mid America Apartment Communities's most recent dividend was on Oct 15, 2024 (ex-date) with a cash dividend payment of $1.47 per share. On an annualized basis, the company has a current payout of $5.88 per share. This brings the dividend yield to 3.65% based on its recent close price.
Key dates
- MAA last dividend date: Oct 15, 2024
MAA dividend stats
vs. Real Estate sector
Dividend yield
MAA has a dividend yield of 3.65% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 5.94%, Mid America Apartment Communities's dividend yield is 39% lower. Historically MAA's dividend yield has averaged at 3.2% in the last 5 years, which is lower than the current one.
Dividend history
Mid America Apartment Communities has been paying dividends since 1994. MAA has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 5% for the last twelve months. But since the stock price has gone up by 31% from a year ago, the dividend yield has decreased by 20%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 15, 2024 | $1.47 | 3.85% |
| Jul 15, 2024 | $1.47 | 4.15% |
| Apr 12, 2024 | $1.47 | 4.48% |
| Jan 11, 2024 | $1.47 | 4.23% |
| Oct 12, 2023 | $1.4 | 4.25% |
| Jul 13, 2023 | $1.4 | 3.5% |
| Apr 13, 2023 | $1.4 | 3.6% |
| Jan 12, 2023 | $1.4 | 3.11% |
| Oct 13, 2022 | $1.25 | 3.19% |
| Jul 14, 2022 | $1.25 | 2.69% |
| Apr 13, 2022 | $1.088 | 2.05% |
| Jan 13, 2022 | $1.088 | 1.9% |
| Oct 14, 2021 | $1.025 | 2.06% |
| Jul 14, 2021 | $1.025 | 2.23% |
| Apr 14, 2021 | $1.025 | 2.74% |
| Jan 14, 2021 | $1.025 | 3.12% |
| Oct 14, 2020 | $1 | 3.26% |
| Jul 14, 2020 | $1 | 3.51% |
| Apr 14, 2020 | $1 | 3.44% |
| Jan 14, 2020 | $1 | 2.94% |
| Oct 11, 2019 | $0.96 | 2.91% |
| Jul 12, 2019 | $0.96 | 3.15% |
| Apr 12, 2019 | $0.96 | 3.42% |
| Jan 14, 2019 | $0.96 | 3.86% |
| Oct 12, 2018 | $0.923 | 3.9% |
| Jul 12, 2018 | $0.923 | 3.65% |
| Apr 12, 2018 | $0.923 | 3.96% |
| Jan 11, 2018 | $0.923 | 3.84% |
| Oct 12, 2017 | $0.87 | 3.2% |
| Jul 12, 2017 | $0.87 | 3.44% |
| Apr 11, 2017 | $0.87 | 3.29% |
| Jan 11, 2017 | $0.87 | 3.51% |
| Oct 12, 2016 | $0.82 | 3.77% |
| Jul 13, 2016 | $0.82 | 2.99% |
| Apr 13, 2016 | $0.82 | 3.2% |
| Jan 13, 2016 | $0.82 | 3.51% |
| Oct 13, 2015 | $0.77 | 3.72% |
| Jul 13, 2015 | $0.77 | 4.01% |
| Apr 13, 2015 | $0.77 | 4.01% |
| Jan 13, 2015 | $0.77 | 3.71% |
Mid America Apartment Communities dividend payout ratio
Payout ratio
MAA has a payout ratio of 132.7% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 121%, Mid America Apartment Communities's payout ratio is 10% higher.
Total amount of dividends paid per financial year (from cash flow)
MAA dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BXP Boston Properties Inc | 4.82% | $3.92 | 169.7% |
| MAA Mid America Apartment Communities Inc | 3.62% | $5.88 | 132.7% |
| MAC Macerich Co | 3.34% | $0.68 | 194.3% |
| DLR Digital Realty Trust Inc | 2.54% | $4.88 | 387.3% |
Frequently asked questions
Does Mid America Apartment Communities pay a dividend?
Yes, Mid America Apartment Communities has paid four dividends in the last twelve months. MAA has been paying dividends since 1994.
When was MAA's last dividend?
Mid America Apartment Communities's last regular dividend was on Oct 15, 2024 (ex-date) with the amount of $1.47 per share.
How much dividend does Mid America Apartment Communities pay (per share)?
On an annual basis MAA pays $5.88 per share.
What is Mid America Apartment Communities's dividend yield?
Currently Mid America Apartment Communities's dividend yield is 3.65%.
How often does Mid America Apartment Communities pay dividends?
Mid America Apartment Communities pays dividends quarterly.
What is Mid America Apartment Communities's dividend payout ratio?
The dividend payout ratio of Mid America Apartment Communities is 132.7%.
Does Mid America Apartment Communities pay a good dividend?
Mid America Apartment Communities's dividend yield is lower than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.