Mid-America Apartment Communities Series A Cumulative Redeemable Preferred Shares Ex-Dividend Reminder

On 3/14/25, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) will trade ex-dividend, for its quarterly dividend of $1.0625, payable on 3/31/25. As a percentage of MAA.PRI's recent share price of $55.55, this dividend works out to approximately 1.91%, so look for shares of MAA.PRI to trade 1.91% lower — all else being equal — when MAA.PRI shares open for trading on 3/14/25. On an annualized basis, the current yield is approximately 7.30%, which compares to an average yield of 7.26% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of MAA.PRI shares, versus MAA:

Below is a dividend history chart for MAA.PRI, showing historical dividends prior to the most recent $1.0625 on Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares:

In Wednesday trading, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) is currently off about 4.6% on the day, while the common shares (Symbol: MAA) are down about 1.2%.

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