MAA Announces Regular Quarterly Preferred Dividend

Rhea-AI Summary

Mid-America Apartment Communities (NYSE: MAA) announced a regular quarterly dividend of $1.0625 per outstanding share on its 8.50% Series I Cumulative Redeemable Preferred Stock.

The dividend is payable on March 31, 2026 to shareholders of record as of March 13, 2026.

Positive

• Quarterly preferred dividend of $1.0625 per share
• Dividend payable on March 31, 2026
• Record date set for March 13, 2026

Negative

• Cash outflow to preferred shareholders on March 31, 2026
• Fixed preferred dividend obligation reduces near-term free cash flexibility

GERMANTOWN, Tenn., March 2, 2026 /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 March 31, 2026, to shareholders of record on March 13, 2026.

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 the "For Investors" page at www.maac.com or contact Investor Relations at investor.relations@maac.com.

Forward-Looking Statements
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 preferred dividends. The ability to meet the payment of preferred 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 dividend did MAA announce for its 8.50% Series I preferred stock on March 2, 2026?

MAA declared a quarterly dividend of $1.0625 per share for its 8.50% Series I preferred stock. According to the company, the dividend is payable March 31, 2026, to shareholders of record on March 13, 2026.

When is the MAA Series I preferred dividend payable and who is eligible for the March 2026 payment?

The dividend is payable on March 31, 2026 and is payable to shareholders of record on March 13, 2026. According to the company, holders recorded by the March 13 record date will receive the March 31 payment.

How much will MAA pay per share for the March 2026 Series I preferred dividend (NYSE: MAA)?

MAA will pay $1.0625 per outstanding share of its 8.50% Series I preferred stock for the quarter. According to the company, that amount applies to all outstanding Series I preferred shares.

Does the March 2026 MAA dividend affect common shareholders of MAA (NYSE: MAA)?

The announcement covers the 8.50% Series I preferred stock only and does not state any change to common dividends. According to the company, the declared amount applies solely to the Series I preferred shares.

What are the key dates investors should note for the MAA Series I preferred dividend in March 2026?

Key dates are the record date March 13, 2026 and the payment date March 31, 2026. According to the company, shareholders recorded by March 13 will receive the March 31 dividend payment.