Mid-Amer Apt Cmntys Inc Stock Price, News & Analysis

Mid-America Apartment Communities, Inc. (MAA) announced a quarterly dividend of $1.0625 per share for its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is scheduled for payment on June 30, 2022, to shareholders on record as of June 15, 2022. MAA, a self-administered real estate investment trust (REIT) and S&P 500 member, focuses on delivering strong investment performance in apartment communities predominantly located in the Southeast, Southwest, and Mid-Atlantic regions of the U.S.

MAA (NYSE: MAA) has announced a quarterly dividend payment of $1.25 per share, reflecting a 15% increase from the previous dividend. This increase raises the annualized dividend payout to $5.00 per share, up by $0.65. Shareholders of record on July 15, 2022, will receive this payment on July 29, 2022. The dividend declaration precedes MAA's upcoming earnings announcement scheduled for July 27, 2022.

Mid-America Apartment Communities, Inc. (MAA) reported strong first-quarter 2022 results, with diluted earnings per share of $0.95, up from $0.40 in 2021. Funds from operations (FFO) per share increased to $2.06, up from $1.50. Same Store Portfolio property revenues rose by 12.2%, while net operating income (NOI) grew by 16.9%. MAA continues to see high demand for apartments, leading to strong rent growth and occupancy rates. The company projects a Core FFO of $1.97 per share for Q2 2022 and has updated its 2022 guidance, expecting increased earnings and revenue growth across its portfolio.

MAA (NYSE: MAA) will release its first quarter 2022 financial results on April 27, 2022, after market close. A conference call to discuss the results is scheduled for April 28, 2022, at 9:00 a.m. Central Time. During the call, executives will review performance and answer questions. The call can be accessed at (877) 830-2598 domestically or +1 (785) 424-1877 internationally, using Conference ID: MAA. A replay will be available from April 28 to May 12, 2022. A webcast will also be accessible via the company's website.

MAA (NYSE: MAA) has declared a quarterly dividend of $1.0875 per share to be paid on April 29, 2022. Shareholders of record on April 14, 2022 will receive this payment. This announcement comes ahead of MAA's earnings report scheduled for April 27, 2022. MAA is a self-administered real estate investment trust (REIT) focused on apartment communities in the Southeast, Southwest, and Mid-Atlantic U.S., aiming for strong investment performance.

MAA (NYSE: MAA) is set to present at the 2022 Citi Global Property CEO Conference on March 9, 2022, at 9:45 a.m. Eastern Time. Eric Bolton, Jr., Chairman and CEO, will provide a company overview, followed by a Q&A session on market conditions and MAA's guidance. The presentation will last about 35 minutes. A live webcast will be available on MAA's website and replay access will follow the event. MAA is a leading REIT focusing on apartment communities in the U.S.

Mid-America Apartment Communities, Inc. (MAA) has declared a quarterly dividend of $1.0625 per share on its 8.50% Series I Cumulative Redeemable Preferred Stock. This dividend is payable on March 31, 2022, to shareholders recorded as of March 15, 2022. MAA, a member of the S&P 500, focuses on apartment communities across the Southeast, Southwest, and Mid-Atlantic regions, aiming for strong investment performance.

Mid-America Apartment Communities, MAA (NYSE: MAA), reported strong Q4 and full-year 2021 results with earnings per share increasing to $1.60 from $0.72 year-over-year. Funds from Operations (FFO) per share rose to $2.01, reflecting a 12.1% increase in net operating income (NOI). Property revenues grew by 9.3% driven by a 10.1% rise in average effective rent. The company affirmed its BBB+ credit rating with a positive outlook and announced a 6.1% dividend increase. For 2022, MAA projects earnings per share between $4.87 and $5.23, and expects property revenue growth of 8% to 10%.