GERMANTOWN, Tenn. , May 20, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.5150 per share of common stock to be paid on July 31, 2025, to shareholders of record on July 15, 2025.
Mid-America Apartment Communities, Inc.'s 8.50% Series I Cumulative Redeemable Preferred Shares are overvalued, with a current yield of 7.69% and yield to call of 1.49%. MAA-I is likely to be redeemed early due to its high embedded call option value, making it a strong sell candidate. MAA's solid financials and strong credit ratings suggest the company can refinance MAA-I at a lower cost, reducing the attractiveness of holding the preferred shares.
Mid-America Apartment Communities, Inc. (NYSE:MAA ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Andrew Schaeffer - SVP, Treasurer and Director, Capital Markets Brad Hill - President and CEO Tim Argo - EVP and, Chief Strategy and Analysis Officer Clay Holder - EVP and CFO Conference Call Participants Eric Wolfe - Citigroup Daniel Tricarico - Scotiabank Cooper Clark - Wells Fargo Jana Galan - Bank of America Adam Kramer - Morgan Stanley Michael Goldsmith - UBS Julien Blouin - Goldman Sachs John Kim - BMO Capital Markets Wes Golladay - Baird Alexander Goldfarb - Piper Sandler Rob Stevenson - Janney Montgomery Scott Ann Chan - Green Street Doug Horne - Raymond James Alex Kim - Zelman & Associates Brad Heffern - RBC Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the MAA First Quarter 2025 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
![]() MAA In 1 month Announced | Quarterly | $1.51 Per Share |
![]() MAA 1 month ago Paid | Quarterly | $1.51 Per Share |
![]() MAA 4 months ago Paid | Quarterly | $1.51 Per Share |
![]() MAA 7 months ago Paid | Quarterly | $1.47 Per Share |
![]() MAA 10 months ago Paid | Quarterly | $1.47 Per Share |
29 Jul 2025 (56 Days) Date | | - Cons. EPS | - EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
5 Feb 2025 Date | | 1.05 Cons. EPS | 1.43 EPS |
30 Oct 2024 Date | | 1.01 Cons. EPS | 0.98 EPS |
23 Oct 2024 Date | | 1.08 Cons. EPS | - EPS |
![]() MAA In 1 month Announced | Quarterly | $1.51 Per Share |
![]() MAA 1 month ago Paid | Quarterly | $1.51 Per Share |
![]() MAA 4 months ago Paid | Quarterly | $1.51 Per Share |
![]() MAA 7 months ago Paid | Quarterly | $1.47 Per Share |
![]() MAA 10 months ago Paid | Quarterly | $1.47 Per Share |
29 Jul 2025 (56 Days) Date | | - Cons. EPS | - EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
5 Feb 2025 Date | | 1.05 Cons. EPS | 1.43 EPS |
30 Oct 2024 Date | | 1.01 Cons. EPS | 0.98 EPS |
23 Oct 2024 Date | | 1.08 Cons. EPS | - EPS |
REIT - Residential Industry | Real Estate Sector | Mr. Adrian Bradley Hill C.F.A. CEO | XDUS Exchange | US59522J1034 ISIN |
US Country | 2,532 Employees | 15 Jul 2025 Last Dividend | - Last Split | 28 Jan 1994 IPO Date |
MAA, an esteemed S&P 500 entity, exemplifies a premier investment vehicle in the real estate domain by operating as a real estate investment trust (REIT). Distinctive for its dedicated focus towards delivering unparalleled investment performance throughout full market cycles, MAA accomplishes this by skillfully owning, managing, acquiring, developing, and redeveloping high-quality apartment communities. The company's geographical footprint predominantly spans the Southeast, Southwest, and Mid-Atlantic regions of the United States, reflecting a strategic presence in areas anticipated to exhibit substantial growth and investment return. As of the end of December 2023, MAA's extensive portfolio includes an ownership interest in 102,662 apartment units. These units spread across diverse communities, some of which are currently under development, covering 16 states alongside the District of Columbia. This wide-reaching operation underscores MAA’s robust commitment to expanding its real estate portfolio while ensuring the generation of significant value for its shareholders.
MAA holds a significant ownership interest in a broad array of apartment communities. This foundational aspect of their business model facilitates the creation of value through the strategic selection of properties in high-growth areas. By maintaining and enhancing these properties, MAA aims to ensure long-term revenue generation and asset appreciation.
Comprehensive management services are a cornerstone of MAA's offering, encompassing all aspects of property operations. This includes tenant relations, property maintenance, and financial management. By applying expert oversight and employing industry best practices, MAA strives to maximize the performance and value of each community under its stewardship.
MAA aggressively pursues the acquisition of quality apartment communities that align with its strategic objectives. This involves a meticulous screening process to identify properties that offer potential for high yields and growth. Acquisition strategies are designed to expand MAA's geographic footprint and enhance its portfolio diversity.
The company engages in the development of new apartment communities and the redevelopment of existing ones, aiming to respond to market demand and trends. Development projects focus on constructing high-quality, amenity-rich apartment homes in desirable locations, while redevelopment efforts seek to refresh and upgrade older communities to boost their market competitiveness and appeal.