Welcome to our dedicated page for Mid-Amer Apt Cmntys news (Ticker: MAA), a resource for investors and traders seeking the latest updates and insights on Mid-Amer Apt Cmntys stock.
Mid-America Apartment Communities, Inc. reports news tied to its role as a self-administered REIT that owns, manages, acquires, develops and redevelops apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. Company updates commonly cover quarterly operating results, FFO and Core FFO per share, same-store revenue, expenses, net operating income and rent trends across its multifamily portfolio.
Recurring announcements also include common and Series I preferred stock dividends, taxable distribution composition, investor conference presentations and acquisition or development activity involving land parcels and new apartment communities. MAA's public updates connect portfolio operations with REIT capital allocation, development pipeline decisions and shareholder distributions.
Mid-America Apartment Communities (MAA) announced the taxable composition of its 2022 distributions paid to shareholders, confirming that no portion will be a return of capital. The distributions include cash payments such as $1.0875 per share in January and April, and $1.2500 in July and October, with significant ordinary taxable distributions (95.0329% of each). For preferred shares (MAA/PI), the cash distribution is $1.06250 per share. The company expects no material change in the taxable composition and encourages shareholders to consult their tax advisors. This information aids those preparing Forms 1099 for dividends.
MAA (NYSE: MAA) will release its fourth quarter and full-year 2022 financial results on February 1, 2023, after market close. A conference call is scheduled for February 2, 2023, at 9:00 a.m. Central Time, where company officials will discuss performance and answer questions. The call can be accessed via phone or through a live webcast on their website. Replay options will be available from February 2 to February 16, 2023.
MAA (NYSE: MAA) announced a quarterly dividend increase of $1.40 per share, to be paid on January 31, 2023, for shareholders on record by January 13, 2023. This marks a 12% increase over the previous dividend rate, raising the annualized payout to $5.60 per share. MAA has a history of 13 consecutive years of dividend increases, signifying strong performance. The dividend declaration precedes the earnings announcement set for February 1, 2023.
Mid-America Apartment Communities (MAA) announced a preferred stock dividend of $1.0625 per share for its 8.50% Series I Cumulative Redeemable Preferred Stock. This dividend is payable on January 3, 2023, to shareholders on record as of December 15, 2022. MAA, a self-administered Real Estate Investment Trust (REIT), focuses on apartment communities primarily in the Southeast, Southwest, and Mid-Atlantic regions of the U.S.
Mid-America Apartment Communities, or MAA (NYSE: MAA), reported robust operating results for Q3 2022, with diluted earnings per share at $1.05 compared to $0.73 in 2021. Funds From Operations (FFO) per share rose to $2.19, from $1.85 last year. The Same Store Portfolio showed revenue growth of 14.6% and Net Operating Income (NOI) growth of 17.4%. MAA expanded its development pipeline and increased its revolving credit facility to $1.25 billion. The company declared its 115th consecutive quarterly dividend of $5.00 per share.
MAA (NYSE: MAA) announced the retirement of Thomas L. Grimes, Jr., Executive Vice President and COO, effective December 31, 2022. Grimes has been with MAA for over 20 years and has contributed significantly to its growth since its IPO in 1994. Amber Fairbanks has been promoted to Executive Vice President of Property Management, taking on new responsibilities, while Tim Argo will lead Asset Management operations. CEO Eric Bolton expressed confidence in the new leadership team's capability to maintain MAA's strong portfolio and growth potential across key markets.
MAA (NYSE: MAA) will release its third quarter 2022 results on October 26, 2022, after market close. A conference call to discuss the performance will take place on October 27, 2022, at 9:00 a.m. Central Time. Interested parties can join the call by dialing (877) 830-2598 for domestic or +1 (785) 424-1877 for international calls, with the Conference ID being MAA. A replay will be available until November 10, 2022, and a live webcast can be accessed on the Company's website.
MAA announced a quarterly dividend of $1.25 per share, payable on October 31, 2022, to shareholders of record by October 14, 2022. This declaration was made ahead of MAA's earnings announcement scheduled for October 26, 2022. As a self-administered real estate investment trust (REIT) and a member of the S&P 500, MAA is focused on apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the U.S.
MAA (NYSE: MAA) will participate in the Bank of America 2022 Global Real Estate Conference on September 14, 2022, at approximately 2:10 p.m. Eastern Time. A live webcast will be available on MAA's website in the "Corporate Profile" section. The replay will be accessible within 24 hours after the event, until December 13, 2022. MAA is a self-administered real estate investment trust (REIT) focusing on apartment communities mainly in the Southeast, Southwest, and Mid-Atlantic 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 September 30, 2022, to shareholders of record as of September 15, 2022. The company operates as a self-administered REIT and is part of the S&P 500, focusing on apartment communities mainly in the Southeast, Southwest, and Mid-Atlantic U.S. regions.