MAA Announces Quarterly Common Dividend

Rhea-AI Summary

MAA (NYSE: MAA) has declared its 125th consecutive quarterly dividend of $1.5150 per share of common stock. The dividend will be paid on April 30, 2025, to shareholders of record on April 15, 2025. This announcement maintains MAA's remarkable track record of never reducing or suspending quarterly dividend payments throughout its 30-plus year history as a public company. The board's dividend declaration precedes MAA's upcoming earnings announcement, which is scheduled for April 30, 2025.

Positive

• Maintained consistent $1.5150 quarterly dividend payment
• 125 consecutive quarters of dividend payments
• 30+ year track record of never reducing or suspending dividends

Negative

• None.

GERMANTOWN, Tenn., March 18, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.5150 per share of common stock to be paid on April 30, 2025, to shareholders of record on April 15, 2025.

This announcement represents the 125^th consecutive quarterly cash dividend declared by the company. MAA has never reduced or suspended its quarterly common dividend payment in its over 30-year history as a public company.

As established in prior quarters, the board of directors declared the quarterly common dividend in advance of MAA's earnings announcement that is expected to be made on April 30, 2025.

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 the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. For further details, please refer to www.maac.com or contact Investor Relations at investor.relations@maac.com.

Certain matters in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended with respect to our expectations for future periods. Such statements include statements made about the payment of common dividends. The ability to meet the payment of common dividends in or contemplated by the forward-looking statements could differ materially from the projection due to a number of factors, including a downturn in general economic conditions or the capital markets, changes in interest rates and other items that are difficult to control such as increases in real estate taxes in many of our markets, as well as the other general risks inherent in the apartment and real estate businesses. Reference is hereby made to the filings of Mid-America Apartment Communities, Inc. with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, reports on Form 8-K, and its annual report on Form 10-K, particularly including the risk factors contained in the latter filing.

 

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SOURCE MAA

FAQ

What is the amount of MAA's latest quarterly dividend payment for 2025?

MAA's latest quarterly dividend payment is $1.5150 per share of common stock.

When is the payment date for MAA's Q2 2025 dividend?

The dividend payment date is April 30, 2025, for shareholders of record as of April 15, 2025.

How many consecutive quarterly dividends has MAA paid?

MAA has paid 125 consecutive quarterly dividends.

Has MAA ever reduced or suspended its quarterly dividend payments?

No, MAA has never reduced or suspended its quarterly dividend payments in over 30 years as a public company.