MAA Dividend Yield 2026: Mid-America Apartment Communities, Inc.

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Mid-America Apartment Communities, Inc. (MAA) pays a $6.11 annual dividend ($1.53 quarterly), yielding 4.76% at $128.32/share. Next ex-dividend date 2026-07-15. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 4.76%

Annual Dividend: $6.11 per share

Payout Ratio: 177.4% (based on depressed trailing earnings — see safety analysis below)

Ex-Dividend Date: 2026-07-15

Dividend Frequency: quarterly

Sector: Real Estate

Years of Dividend History: 33

About Mid-America Apartment Communities, Inc. Dividend

Mid-America Apartment Communities, Inc. dividend currently yields 4.76%, backed by a portfolio of over 102,000 apartment units across the Southeast, Southwest, and Mid-Atlantic regions. MAA pays $6.1050 per share annually on a quarterly schedule, with the next ex-dividend date set for July 15, 2026. The last quarterly payment was $1.53 per share. With a beta of 0.715, MAA stock moves less than the broader market, which appeals to income-focused investors who prioritize lower volatility.

Dividend Safety

Mid-America Apartment Communities, Inc. pays out 177.4% of earnings as dividends, a payout ratio classified as high (above 75%). For a REIT like MAA, earnings-based payout ratios routinely exceed 100% because REITs are required to distribute the majority of taxable income, and depreciation charges depress reported earnings well below actual cash generation. Mid-America Apartment Communities, Inc. dividend safety is further shaped by demand for apartment housing across its Sun Belt and Mid-Atlantic markets, which provides a recurring revenue base. The most significant data-supported pressure point is the elevated payout ratio itself: any meaningful drop in rental income or occupancy would leave less room to sustain the current $6.1050 annual rate.

Mid-America Apartment Communities, Inc. (MAA) Dividend Growth Rate, CAGR, and History

Mid-America Apartment Communities, Inc. dividend history shows a CAGR of 6.5% per year from 2011 to 2025. The per-share annual dividend grew from $2.51 to $6.06 over that period (2026 data is a partial year and excluded from this calculation). The largest annual increase in the window was 29.1% in 2021. The history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

Mid-America Apartment Communities, Inc. Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+9.0%	$4.67 (2022)	$6.06 (2025)
5-Year	+8.7%	$4.00 (2020)	$6.06 (2025)
10-Year	+7.0%	$3.08 (2015)	$6.06 (2025)

Is Mid-America Apartment Communities, Inc. a Good Dividend Stock?

MAA stock fits income-focused investors who want above-average yield from a large-scale residential REIT. The current yield of 4.76% sits above its 5-year average of 4.27%, meaning today's entry point offers more income than the historical norm. The trade-off is a payout ratio of 177.4% on a reported-earnings basis, which is high even by REIT standards, and a dividend increase streak of just 3 consecutive years. What an investor gets is a high (above 4%) yield from a geographically diversified apartment operator. What they accept is a payout structure that leaves limited cushion if property income weakens.

Recent Mid-America Apartment Communities, Inc. Dividend Payments

Payment Date	Amount per Share
2026-07-15	$1.5300
2026-04-15	$1.5300
2026-01-15	$1.5300
2025-10-15	$1.5150
2025-07-15	$1.5150
2025-04-15	$1.5150
2025-01-15	$1.5150
2024-10-15	$1.4700
2024-07-15	$1.4700
2024-04-12	$1.4700

Mid-America Apartment Communities, Inc. Annual Dividend History

Year	Total Dividends
2026	$4.5900
2025	$6.0600
2024	$5.8800
2023	$5.6000
2022	$4.6740

Related Real Estate Dividend Stocks

• WELL — Welltower Inc. (1.30% yield)
• PLD — Prologis, Inc. (3.03% yield)
• EQIX — Equinix, Inc. (1.95% yield)
• AMT — American Tower Corporation (3.97% yield)
• DLR — Digital Realty Trust, Inc. (2.59% yield)
• O — Realty Income Corporation (5.29% yield)

Frequently Asked Questions

Does MAA pay dividends?

Yes, Mid-America Apartment Communities, Inc. (MAA) pays a $1.53 quarterly dividend per share, yielding 4.76%.

How often does Mid-America Apartment Communities, Inc. pay dividends?

Mid-America Apartment Communities, Inc. pays dividends quarterly. The most recent quarterly payment was $1.53 per share, which annualizes to $6.1050 per share.

What is Mid-America Apartment Communities, Inc.'s current dividend yield?

The current MAA dividend yield is 4.76%, above the 5-year average yield of 4.27%. That gap means today's yield is higher than what investors have typically received over the past five years.

Has Mid-America Apartment Communities, Inc. ever cut its dividend?

The available history shows at least one year-over-year decline exceeding 5% within the 2011 to 2025 window, so a reduction did occur. The data does not cover periods before 2011, so no claim can be made about the full history.

How fast has Mid-America Apartment Communities, Inc. grown its dividend?

Mid-America Apartment Communities, Inc. has grown its dividend at a compound annual growth rate (CAGR) of 6.5% per year from 2011 to 2025. The per-share annual dividend rose from $2.51 to $6.06 over that period.

Is Mid-America Apartment Communities, Inc. dividend safe?

The payout ratio is 177.4%, which is high even for a REIT. The dividend is supported by recurring rental income from over 102,000 apartment units, but the elevated ratio leaves limited room if property-level cash flow declines.

What type of investor is Mid-America Apartment Communities, Inc. best suited for?

MAA stock fits income-focused investors who prioritize yield over rapid dividend growth. A 4.76% yield and a beta of 0.715 make it a lower-volatility income option, though the 3-year increase streak and high payout ratio are trade-offs to weigh.

How does Mid-America Apartment Communities, Inc. compare to its own historical yield?

The current yield of 4.76% is above the 5-year average of 4.27%. That means investors buying MAA today are receiving more income per dollar invested than the historical average entry point would have provided.

Latest MAA News

• 20 Best High-Yield Dividend Stocks for 2026 and How to Invest - The Motley Fool — The Motley Fool
• Mid-America Apartment Communities' 8.5% Preferred Stock Redemption Seen As Accretive To Core FFO-Per-Share - benzinga.com — benzinga.com
• MAA (NYSE: MAA) to retire 8.5% preferred, expected to lift Core FFO - Stock Titan — Stock Titan

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