MAA Dividends
Mid-America Apartment Communities, Inc. (MAA) pays $6.09 in dividends per share, with a current dividend yield of 4.55%. The company has dividend history for 15 consecutive years.
MAA Dividend Summary
4.55%
$6.09
184.53%
116.80%
Consecutive Years
15
Next Ex-Dividend Date
Jul 15, 2026
Next Payment Date
Jul 31, 2026
MAA Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
MAA Dividends CAGR Chart
Mid-America Apartment Communities, Inc. (MAA)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $4.59 | — |
| 2025 | $6.06 | +3.06% |
| 2024 | $5.88 | +5.00% |
| 2023 | $5.60 | +19.79% |
| 2022 | $4.67 | +14.02% |
| 2021 | $4.10 | +2.50% |
| 2020 | $4.00 | +4.17% |
| 2019 | $3.84 | +4.07% |
| 2018 | $3.69 | +6.03% |
| 2017 | $3.48 | +6.10% |
| 2016 | $3.28 | +6.49% |
| 2015 | $3.08 | +5.48% |
| 2014 | $2.92 | +5.04% |
| 2013 | $2.78 | +5.30% |
| 2012 | $2.64 | +5.18% |
| 2011 | $2.51 | +2.03% |
| 2010 | $2.46 | +0.00% |
| 2009 | $2.46 | +0.00% |
| 2008 | $2.46 | +1.65% |
| 2007 | $2.42 | +1.68% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q3 2026 | $1.53 | +0.99% |
| Q2 2026 | $1.53 | +0.99% |
| Q1 2026 | $1.53 | +0.99% |
| Q4 2025 | $1.51 | +3.06% |
| Q3 2025 | $1.51 | +3.06% |
| Q2 2025 | $1.51 | +3.06% |
| Q1 2025 | $1.51 | +3.06% |
| Q4 2024 | $1.47 | +5.00% |
| Q3 2024 | $1.47 | +5.00% |
| Q2 2024 | $1.47 | +5.00% |
| Q1 2024 | $1.47 | +5.00% |
| Q4 2023 | $1.40 | +12.00% |
| Q3 2023 | $1.40 | +12.00% |
| Q2 2023 | $1.40 | +28.74% |
| Q1 2023 | $1.40 | +28.74% |
| Q4 2022 | $1.25 | +21.95% |
| Q3 2022 | $1.25 | +21.95% |
| Q2 2022 | $1.09 | +6.10% |
| Q1 2022 | $1.09 | +6.10% |
| Q4 2021 | $1.02 | +2.50% |
| Q3 2021 | $1.02 | +2.50% |
| Q2 2021 | $1.02 | +2.50% |
| Q1 2021 | $1.02 | +2.50% |
| Q4 2020 | $1.00 | +4.17% |
Dividend Yield Metrics
- Current Yield
- 4.55%
- Average Yield (TTM)
- 4.55%
- Average Yield (3Y)
- 4.37%
- Forward Yield on Cost (3Y)
- 6.72%
- Forward Yield on Cost (5Y)
- 8.72%
- Forward Yield on Cost (10Y)
- 16.73%
Payout Ratio Analysis
- Payout Ratio (Current)
- 184.53%
- FCF Payout Ratio
- 116.80%
- Payout Ratio (3Y Avg)
- 136.58%
- Payout Ratio (5Y Avg)
- 116.73%
- FCF Payout (3Y Avg)
- 89.74%
- FCF Payout (5Y Avg)
- 92.51%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About Mid-America Apartment Communities, Inc.
Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders. MAA achieves this by strategically acquiring, developing, redeveloping, owning, and managing high-quality apartment complexes. These properties are primarily located across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, the company held an interest in 102,772 apartment units, a figure that includes communities currently under development, spread throughout 16 states and the District of Columbia.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Adrian Bradley Hill