Mid-America Apartment Communities, Inc. (MAA) to Issue Quarterly Dividend of $1.53 on July 31st

Mid-America Apartment Communities, Inc. (NYSE:MAA) announced a quarterly dividend on Tuesday, May 19th. Investors 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 yield of 4.7%. The ex-dividend date is Wednesday, July 15th.

Mid-America Apartment Communities has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 16 consecutive 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 Stock Up 1.3%

Shares of Mid-America Apartment Communities stock opened at $130.12 on Thursday. 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 market cap of $15.14 billion, a P/E ratio of 39.43 and a beta of 0.77. Mid-America Apartment Communities has a fifty-two week low of $120.30 and a fifty-two week high of $159.37. The business has a 50-day moving average price of $126.24 and a 200 day moving average price of $131.29.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data 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 firm had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.Mid-America Apartment Communities’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company 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. On average, sell-side analysts forecast that Mid-America Apartment Communities will post 8.52 earnings per share for the current fiscal year.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 three months, insiders sold 1,039 shares of company stock valued at $129,594. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tobam bought a new position in Mid-America Apartment Communities in the 3rd quarter worth approximately $26,000. Physician Wealth Advisors Inc. lifted its position in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Mid-America Apartment Communities in the fourth quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities in the third quarter worth approximately $33,000. Finally, Sentry Investment Management LLC acquired a new stake in Mid-America Apartment Communities in the third quarter worth approximately $36,000. 93.60% of the stock is owned by institutional investors.

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.