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MAA Mid America Apartment Communities dividend history, payout ratio & dates

Mid America Apartment Communities's most recent quarterly dividend was on Jul 14, 2022 (ex-date) with a cash dividend payment of $1.25 per share. On an annualized basis, the company has a current payout of $4.45 per share. This brings the dividend yield to 2.81% based on its recent close price. The latest dividend has an increase of $0.16, or 15% from the prior payment.

Key dates

  • MAA last dividend date: Jul 14, 2022
  • MAA next dividend date: Oct 13, 2022
MAA dividend stats
DPS
$4.45
Dividend yield
2.81%
Payout ratio
87.1%
vs. Real Estate sector
Dividend yield
6.22%
Payout ratio
116.4%

Dividend yield

What is Mid America Apartment Communities current dividend yield

MAA has a dividend yield of 2.81% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.22%, Mid America Apartment Communities's dividend yield is 55% lower. Historically MAA's dividend yield has averaged at 3.1% in the last 5 years, which is higher than the current one.

Dividend history

What is MAA dividend payout history and dates

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 9% for the last twelve months. And since the stock price has gone down by 16% from a year ago, the dividend yield has an increase of 30%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 14, 2022 Jul 25, 2022 May 17, 2022 $1.25 normal
Apr 13, 2022 Apr 29, 2022 Mar 22, 2022 $1.088 normal
Jan 13, 2022 Jan 31, 2022 Dec 7, 2021 $1.088 normal
Oct 14, 2021 Oct 29, 2021 Sep 28, 2021 $1.025 normal
Jul 14, 2021 Jul 30, 2021 May 18, 2021 $1.025 normal
Apr 14, 2021 Apr 30, 2021 Mar 23, 2021 $1.025 normal
Jan 14, 2021 Jan 29, 2021 Dec 8, 2020 $1.025 normal
Oct 14, 2020 Oct 30, 2020 Sep 24, 2020 $1 normal
Jul 14, 2020 Jul 31, 2020 May 19, 2020 $1 normal
Apr 14, 2020 Apr 30, 2020 Mar 19, 2020 $1 normal
Jan 14, 2020 Jan 31, 2020 Dec 10, 2019 $1 normal
Oct 11, 2019 Oct 31, 2019 Sep 26, 2019 $0.96 normal
Jul 12, 2019 Jul 31, 2019 May 21, 2019 $0.96 normal
Apr 12, 2019 Apr 30, 2019 Mar 21, 2019 $0.96 normal
Jan 14, 2019 Jan 31, 2019 Dec 4, 2018 $0.96 normal
Oct 12, 2018 Oct 31, 2018 Sep 25, 2018 $0.923 normal
Jul 12, 2018 Jul 31, 2018 May 22, 2018 $0.923 normal
Apr 12, 2018 Apr 30, 2018 Mar 13, 2018 $0.923 normal
Jan 11, 2018 Jan 31, 2018 Dec 5, 2017 $0.923 normal
Oct 12, 2017 Oct 31, 2017 Sep 26, 2017 $0.87 normal
Jul 12, 2017 Jul 31, 2017 May 23, 2017 $0.87 normal
Apr 11, 2017 Apr 28, 2017 Mar 23, 2017 $0.87 normal
Jan 11, 2017 Jan 31, 2017 Dec 8, 2016 $0.87 normal
Oct 12, 2016 Oct 31, 2016 Sep 27, 2016 $0.82 normal
Jul 13, 2016 Jul 29, 2016 May 17, 2016 $0.82 normal
Apr 13, 2016 Apr 29, 2016 Mar 22, 2016 $0.82 normal
Jan 13, 2016 Jan 29, 2016 Dec 8, 2015 $0.82 normal
Oct 13, 2015 Oct 30, 2015 Sep 24, 2015 $0.77 normal

Mid America Apartment Communities dividend payout ratio

What is Mid America Apartment Communities dividend payout ratio compared to the sector

Payout ratio

MAA has a payout ratio of 87.1% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 116.4%, Mid America Apartment Communities's payout ratio is 25% lower.

Total amount of dividends paid per financial year (from cash flow)

MAA dividend vs peer dividends

How does MAA dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
BXP Boston Properties Inc 5.09% $3.92 93.3%
DLR Digital Realty Trust Inc 4.72% $4.82 105%
MAA Mid America Apartment Communities Inc 2.81% $4.45 87.1%

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 is Mid America Apartment Communities's next dividend?

MAA's next dividend date is Oct 13, 2022 (ex-date).

When was MAA's last dividend?

Mid America Apartment Communities's last regular dividend was on Jul 14, 2022 (ex-date) with the amount of $1.25 per share.

How much dividend does Mid America Apartment Communities pay (per share)?

On an annual basis MAA pays $4.45 per share.

What is Mid America Apartment Communities's dividend yield?

Currently Mid America Apartment Communities's dividend yield is 2.81%.

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 87.1%.

Does Mid America Apartment Communities pay a good dividend?

Mid America Apartment Communities's dividend yield is lower than the Real Estate sector average.