Mid-America Apartment Communities, Inc. (MAA) Ex-Dividend Date Scheduled for January 11, 2013


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Mid-America Apartment Communities, Inc. ( MAA ) has announced an ex-dividend date of January 11, 2013 and a cash dividend payment of $0.695 per share scheduled for January 31, 2013. Shareholders who purchased MAA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.3% increase over the prior quarter.

The previous trading day's last sale of MAA was $65.65, representing a -6.51% decrease from the 52 week high of $70.22 and a 13.27% increase over the 52 week low of $57.96.

MAA is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). MAA's current earnings per share, an indicator of a company's profitability, is $2.52. Zacks Investment Research reports MAA's forecasted earnings growth in 2012 as 13.32%, compared to an industry average of 6.9%.

For more information on the declaration, record and payment dates, visit the MAA Dividend History page.

Interested in gaining exposure to MAA through an Exchange Traded Fund [ETF]?
The following ETF(s) have MAA as a top-10 holding:

  • PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCF )
  • SPDR S&P 600 Small Cap Growth ETF (based on S&P SmallCap 600 G ( SLYG )
  • iShares Small Cap 600/BARRA Growth Index Fund ( IJT )
  • Vanguard S&P Small-Cap 600 Growth ETF ( VIOG )
  • iShares Morningstar Small Growth Index Fund ( JKK ).

The top-performing ETF of this group is VIOG with an increase of 9.08% over the last 100 days. PSCF has the highest percent weighting of MAA at 2.46%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks

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