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

Mid-America Apartment Communities, Inc. (NYSE:MAA) declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Wednesday, July 15th will be given 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 of this dividend is Wednesday, July 15th.

Mid-America Apartment Communities has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 16 years. Mid-America Apartment Communities has a dividend payout ratio of 157.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research 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 Price Performance

Shares of MAA opened at $128.55 on Wednesday. The company has a market capitalization of $14.96 billion, a P/E ratio of 38.95 and a beta of 0.77. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average of $126.28 and a 200 day moving average of $131.28. Mid-America Apartment Communities has a twelve month low of $120.30 and a twelve month high of $161.63.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating the consensus estimate of $0.83 by $1.30. The company had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.20 earnings per share. 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. As a group, equities research analysts anticipate that Mid-America Apartment Communities will post 8.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 1,039 shares of company stock valued at $129,594. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Tobam purchased a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth $26,000. Physician Wealth Advisors Inc. boosted its stake in shares of Mid-America Apartment Communities by 65.2% during the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Mid-America Apartment Communities during the 4th quarter worth $32,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth $33,000. Finally, Sentry Investment Management LLC purchased a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth $36,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

About Mid-America Apartment Communities

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.