Mid-America Apartment Communities, Inc.: dividend

MAANYSEReal estate · Real Estate Investment TrustsREIT

Price

$117.89

November 13, 2026Market cap $13.8B

What Ploutos Investor adds for Mid-America Apartment Communities

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 14 fiscal years, from 2008
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Yield

5.16%

$6.09 per share over the last 12 months, at a price of $117.89.

FCF coverThe year's free cash flow covered 91% of the dividend. The rest came from borrowing or from reserves.
0.9x
Payout (FFO)68% of FFO (earnings plus property depreciation) went to the dividend.
68%
No cutYears in a row without a cut, in 14 years of figures.
8
5-year growthAverage yearly growth over the last five years.
+8.6%
Debt / EBITDAMoney that goes to interest does not go to the dividend.
5.1x

The dividend year by year

What it paid per share each fiscal year, how much that changed, and the yield it gave at the price at year end.

+8.6% a year over 5 years
  • 2025
    Dividend per share$6.08
  • 2024
    Dividend per share$5.93
  • 2023
    Dividend per share$5.67

Each fiscal year's dividend as the company states it in its filings, adjusted for stock splits. Special dividends count in the year they were paid.

The dividend year by year

MAA's dividend per share each fiscal year, from 2008 to 2022, 11 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Everything it returns to shareholders

The dividend is one way. The other is buybacks, which reduce the number of shares.

Dividend yield

5.16%

$51.60 a year per $1,000 of shares

Buybacks

0.20%

$2.00 a year per $1,000 of shares

The share count stayed about the same.

Total returned

5.36%

$53.60 a year per $1,000 of shares

dividend 96%buybacks 4%

MAA beside the other dividend payers

Where it stands among this week's 968 dividend payers, and in the Real estate sector. The dot is the company, the white line the median.

Dividend yield5.16%

Above 92% of the payers · median 2.03%

In Real estate: above 64%, median 4.39%.

Covered by free cash flow0.9x

Above 7% of the payers · median 3.6x

In Real estate: above 27%, median 1.2x.

Dividend growth, 5 years+8.6%

Above 66% of the payers · median +6.3%

In Real estate: above 71%, median +4.4%.

Share of earnings paid out68%

Above 83% of the payers · median 35%

In Real estate: above 59%, median 63%.

Yield, cover and years without a cut for almost 1,000 stocks, in one table.The table

The full analysis

What do Mid-America Apartment Communities's filings show?

The dividend is one part of Mid-America Apartment Communities's picture. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about MAA's dividend

Didn't find what you were looking for?

Ask us
What is MAA's dividend yield?

Mid-America Apartment Communities paid $6.09 per share over the last 12 months. At a price of $117.89, that is a yield of 5.16%.

Does MAA cover its dividend with the cash it makes?

No, over the last year. Mid-America Apartment Communities's free cash flow covered 91% of the dividend, and the rest came from borrowing or reserves.

Has MAA ever cut its dividend?

Mid-America Apartment Communities has not cut its dividend for 8 years, in the 14 years of figures we hold.

How much has MAA's dividend grown?

Mid-America Apartment Communities's dividend per share changed by +8.6% a year on average over the last five years.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.