GERMANTOWN, Tenn., June 3, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is payable on July 1, 2024, to shareholders of record on June 14, 2024. About MAA MAA is a self-administered real estate investment trust (REIT) and member of the S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout t ...

Aleksei Iatsenko Dear readers, Some markets, that MAA operates in, will see especially high levels of new inventory. In particular, Austin (6.4% of ABR), Phoenix (2.9% of ABR), and Charlotte (6.2% of ABR) will all see its stock grow by almost 15% over the next two years. RealPage Such high supply has already impacted rents and vacancies in a meaningful way. Nationwide, apartment vacancies have risen to 6.7%, and some markets in the Sunbelt have seen even higher levels of unoccupied space. Atlanta, for examp ...

This is a question that I often get from my readers: "When exactly will REITs recover?" Adam Gault And I get why. Real estate investment trusts ("REITs") (VNQ) have now been in a 2-year-long bear market, and we are all getting a bit impatient, including myself: Data by YCharts But unfortunately, there is no easy answer here. I wish I had a crystal ball that could predict the future, but no one can time the market, and I am no exception. The market can be incredibly unpredictable over the short run, and this ...

GERMANTOWN, Tenn., May 21, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.47 per share of common stock to be paid on July 31, 2024, to shareholders of record on July 15, 2024. This announcement represents the 122nd consecutive quarterly cash dividend declared by the company. Over its 30-year history, MAA has never reduced or suspended its quarterly common dividend payment. As establishe ...

These companies have excellent records of paying dividends, which isn't likely to end anytime soon. Dividend stocks are proven wealth creators. Over the last 50 years, they have outperformed non-payers by more than 2 to 1. A big driver is their steady (and often growing) income stream, which provides investors with a solid base return year in and year out. One Liberty Properties (OLP 1.09%), Truist Financial (TFC -0.45%), and Mid-America Apartment Communities (MAA 0.64%) have magnificent records of paying d ...

Real estate investment trusts will benefit from lower interest rates. The past few years have been challenging for most real estate investment trusts (REITs). Higher interest rates have weighed on real estate values to increase their income yields above those of lower-risk income investments like bonds. In addition, higher rates have made it more expensive for REITs to borrow money to fund development projects and acquisitions. The income lover's dream Realty Income built a real estate business designed to ...

Wells Fargo Securities, LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC and KeyBanc Capital Markets Inc. were the joint book-running managers for the offering. GERMANTOWN, Tenn., May 13, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that its operating partnership, Mid-America Apartments, L.P. ("MAALP"), priced a $400,000,000 offering of MAALP's 5.300% senior unsecured notes due February 15, 2 ...

CHUNYIP WONG/iStock via Getty Images Just before we transitioned into 2024, I wrote a fairly bullish article on Mid-America Apartment Communities (NYSE:MAA), which was a follow-up piece for my initial thesis on MAA back in September 2023. While I was (and still am) optimistic about MAA's prospects to generate solid shareholder returns, I made it clear that in the short term there is a limited probability of MAA outperforming the market. The chart below, which measures the total return performance of MAA ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-12762 (Mid-America Apartment Communities, Inc.) Commission File Number: 333-190028-01 (Mid-America Apartments, L.P.) MID-AME ...

Mid-America Apartment Communities, Inc. (NYSE:MAA) Q1 2024 Results Conference Call May 2, 2024 10:00 AM ET Company Participants Andrew Schaeffer - Senior Vice President, Treasurer & Director, Capital Markets Eric Bolton - Chairman & Chief Executive Officer Brad Hill - Executive Vice President & Chief Investment Officer Tim Argo - Executive Vice President, Chief Strategy & Analysis Officer Clay Holder - Senior Vice President & Chief Accounting Officer Conference Call Participants Austin Wurschmidt - KeyBanc ...