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Mid-America Apartment Communities (MAA) Dividend Capture: 1.21% per event (4.9% annualized)

Updated May 6, 202620 eventshigh

Mid-America Apartment Communities (MAA) has touched its pre-ex close within 30 trading days in 95% of the last 20 ex-dividend events, with a median time-to-touch of 2 trading days (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.47), meaning ordinary day-to-day noise can easily exceed the dividend itself.

Versus its sector, MAA sits roughly in line with the Real Estate sector benchmark of 95%. The sector median time-to-touch is 1 trading day, so this ticker touches more slowly than peers.

Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next ex-dividend date is estimated at Jul 16, 2026 (±1 day), based on the historical pattern; the company has not yet declared a dividend.

Touch rate (30d)
95%in line with sector
Median days-to-touch
2d+1.0d vs sector
Signal-to-noise
0.47in line with sector

Recovery engine

TL;DR over the most recent 20 events.

30-day touch rate
95%
in line with sector
Median days-to-touch
2d
+1.0d vs sector
Signal-to-noise (div / ATR)
0.47
in line with sector
Avg gap on ex-date
-1.00%
-0.20pp vs sector
Win rate at MOC exit
65%
Median drawdown during hold
-3.05%
+1.67pp vs sector
Best / worst touch (days)
1 / 14

Next ex-dividend

Estimated from historical pattern ±1 day.

in 70 days
Dividend
$1.53
Per-event yield
1.21%
Annualized yield
4.90%
Previously paid
Apr 15, 2026 ($1.53)
Last record date
Apr 15, 2026
Last payment date
Apr 30, 2026

The company has not yet declared this dividend. Date and amount may shift when the official declaration arrives.

How MAA ranks in Real Estate

Compared with other stocks in this sector that pass our capture-quality filter (35 tickers). Lower rank number is better on every metric below.

Full sector ranking
  • 30-day touch rate
    #9of 35

    Beats ~74% of peers on this metric

  • Median days to touch
    #29of 35

    Beats ~17% of peers on this metric

  • Signal-to-noise
    #14of 35

    Beats ~60% of peers on this metric

MAA Dividend Capture History — Last 20 Ex-Dividend Events

Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Mid-America Apartment Communities (MAA). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.

  • Q2

    Dividend
    $1.53
    Gap %
    -1.27%
    Pre-ex close
    $126.34
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.51%
    P&L 5d %
    -0.17%
  • Q1

    Dividend
    $1.53
    Gap %
    -1.20%
    Pre-ex close
    $136.27
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.29%
    P&L 5d %
    +0.77%
  • Q4

    Dividend
    $1.51
    Gap %
    -1.24%
    Pre-ex close
    $133.76
    High touch (td)
    4
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.41%
    P&L 5d %
    +1.58%
  • Q3

    Dividend
    $1.51
    Gap %
    -1.20%
    Pre-ex close
    $151.26
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.96%
    P&L 5d %
    +2.28%
  • Q2

    Dividend
    $1.51
    Gap %
    -0.57%
    Pre-ex close
    $158.43
    High touch (td)
    5
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.39%
    P&L 5d %
    +1.64%
  • Q1

    Dividend
    $1.51
    Gap %
    0.77%
    Pre-ex close
    $151.37
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.63%
    P&L 5d %
    -1.95%
  • Q4

    Dividend
    $1.47
    Gap %
    -0.31%
    Pre-ex close
    $153.48
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.91%
    P&L 5d %
    +1.24%
  • Q3

    Dividend
    $1.47
    Gap %
    -0.80%
    Pre-ex close
    $140.64
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -1.24%
    P&L 5d %
    +4.17%
  • Q2

    Dividend
    $1.47
    Gap %
    -1.73%
    Pre-ex close
    $131.99
    High touch (td)
    14
    Recovered 5d
    no
    Recovered 30d
    yes
    Drawdown
    -6.26%
    P&L 5d %
    -3.36%
  • Q1

    Dividend
    $1.47
    Gap %
    -1.79%
    Pre-ex close
    $132.58
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.47%
    P&L 5d %
    +3.12%
  • Q4

    Dividend
    $1.40
    Gap %
    -1.36%
    Pre-ex close
    $134.02
    High touch (td)
    4
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -5.38%
    P&L 5d %
    -1.28%
  • Q3

    Dividend
    $1.40
    Gap %
    -1.28%
    Pre-ex close
    $157.27
    High touch (td)
    >30
    Recovered 5d
    no
    Recovered 30d
    no
    Drawdown
    -3.83%
    P&L 5d %
    -1.42%
  • Q2

    Dividend
    $1.40
    Gap %
    -1.10%
    Pre-ex close
    $149.15
    High touch (td)
    3
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.53%
    P&L 5d %
    +1.09%
  • Q1

    Dividend
    $1.40
    Gap %
    -0.47%
    Pre-ex close
    $160.60
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -4.94%
    P&L 5d %
    -2.33%
  • Q4

    Dividend
    $1.25
    Gap %
    -2.49%
    Pre-ex close
    $145.12
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.75%
    P&L 5d %
    +2.58%
  • Q3

    Dividend
    $1.25
    Gap %
    -2.34%
    Pre-ex close
    $168.84
    High touch (td)
    2
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -2.48%
    P&L 5d %
    +2.85%
  • Q2

    Dividend
    $1.09
    Gap %
    -0.78%
    Pre-ex close
    $207.67
    High touch (td)
    4
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -3.15%
    P&L 5d %
    +2.83%
  • Q1

    Dividend
    $1.09
    Gap %
    -0.20%
    Pre-ex close
    $216.73
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -9.94%
    P&L 5d %
    -5.88%
  • Q4

    Dividend
    $1.02
    Gap %
    0.00%
    Pre-ex close
    $196.17
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.40%
    P&L 5d %
    +2.27%
  • Q3

    Dividend
    $1.02
    Gap %
    -0.56%
    Pre-ex close
    $180.65
    High touch (td)
    1
    Recovered 5d
    yes
    Recovered 30d
    yes
    Drawdown
    -0.56%
    P&L 5d %
    +3.40%

MAA Pre-Ex Touch Time Distribution

20 events analyzedHigh touched pre-ex within 5 trading days: 90% (18 events)
  • ≤ 1 day
    945%
  • 2–3 days
    525%
  • 4–5 days
    420%
  • 6–10 days
    00%
  • 11–30 days
    15%
  • 30+
    15%

45% within 1d · 90% within 5d · 95% within 30d

MAA Dividend Capture Calculator — After-Tax Yield

Pre-filled with MAA's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.

Slippage preset

Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.

Display
Gross dividend
$306.00
After-tax dividend
$198.90
Slippage round-trip
-$25.27

Net if price returns to pre-ex
+$173.63
Required recovery to break even
0.00%

Per-event after-tax yield
+0.69%
Annual if all succeed
~34.6%
Scenariosbase rate 95%
Best (limit fills)+$173.63
Average (base rate)+$158.33
Worst (no recovery)$132.37

Open in full calculator →

MAA Dividend Capture Backtest Simulator

Replay every historical MAA ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.

Limit window:Quarter:

Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).

Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).

Avg P&L per trade(20 events)+0.57%
Win rate (20 trades)
90%
Cumulative P&L
i
+11.32%Sum of per-event % (not compounded)
Buy & hold (same sample)
i
-16.13%Span: Jul 14, 2021 → Apr 15, 2026 · long-horizon total return vs repeating capture cycles
Best event
+1.21%
Worst event
-3.36%

Cumulative P&L (equity curve)

Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.

+11.3%+0.0%Jul 14, 2021 · cumulative +0.57% (sum of returns through this event)Oct 14, 2021 · cumulative +1.09% (sum of returns through this event)Jan 13, 2022 · cumulative +1.59% (sum of returns through this event)Apr 13, 2022 · cumulative +2.11% (sum of returns through this event)Jul 14, 2022 · cumulative +2.86% (sum of returns through this event)Oct 13, 2022 · cumulative +3.72% (sum of returns through this event)Jan 12, 2023 · cumulative +4.59% (sum of returns through this event)Apr 13, 2023 · cumulative +5.53% (sum of returns through this event)Jul 13, 2023 · cumulative +4.10% (sum of returns through this event)Oct 12, 2023 · cumulative +5.15% (sum of returns through this event)Jan 11, 2024 · cumulative +6.26% (sum of returns through this event)Apr 12, 2024 · cumulative +2.89% (sum of returns through this event)Jul 15, 2024 · cumulative +3.94% (sum of returns through this event)Oct 15, 2024 · cumulative +4.90% (sum of returns through this event)Jan 15, 2025 · cumulative +5.90% (sum of returns through this event)Apr 15, 2025 · cumulative +6.85% (sum of returns through this event)Jul 15, 2025 · cumulative +7.85% (sum of returns through this event)Oct 15, 2025 · cumulative +8.99% (sum of returns through this event)Jan 15, 2026 · cumulative +10.11% (sum of returns through this event)Apr 15, 2026 · cumulative +11.32% (sum of returns through this event)
Jul 14, 2021Apr 15, 2026

Per-event P&L distribution

20 trades in this sample · bar height ∝ count in each bucket (gross % per event).

1
<-3%
1
-3..-1%
 
-1..0%
 
0%
10
0..1%
8
1..3%
 
>3%

Scenario P&L by event · MAA (20)

Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.

Ex-dateP&L
+0.57%
+0.52%
+0.50%
+0.52%
+0.74%
+0.86%
+0.87%
+0.94%
-1.42%
+1.04%
+1.11%
-3.36%
+1.05%
+0.96%
+1.00%
+0.96%
+1.00%
+1.13%
+1.12%
+1.21%

Looking for full price seasonality? See MAA seasonality →

Frequently asked questions

What is the dividend capture success rate for MAA?

Across the last 20 ex-dividend events for Mid-America Apartment Communities (MAA), the post-ex intraday high reached the pre-ex close within 30 trading days in 95% of cases, with a median time-to-touch of 2 trading days. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.

How long does it take MAA to recover its dividend gap?

Historically, MAA touches its pre-ex close in a median of 2 trading days, with the best case at 1 and the worst case at 14 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.

Is the dividend on MAA large enough to capture?

MAA has a signal-to-noise ratio of 0.47 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.

When is the next ex-dividend date for MAA?

The next ex-dividend date for Mid-America Apartment Communities (MAA) is Jul 16, 2026, estimated based on the historical pattern (±1 day).

How does MAA compare to its sector for dividend capture?

Within Real Estate, the median 30-day pre-ex touch rate is 95%. MAA sits at 95% — above the sector benchmark.

Why does MAA dividend capture measure recovery via intraday high, not close?

A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".

How are dividend capture trades taxed in the US?

Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.

What are the main risks of a dividend capture strategy?

Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.