Mid-America Apartment Communities (MAA) Dividend History & Yield
Dividend ContenderMid-America Apartment Communities (MAA) has increased its dividend for 16 consecutive years and currently yields 4.68%. The most recent dividend was $1.5300/share on Apr 30, 2026, paid Quarterly.
Current Yield
4.68%
TTM Dividend/Share
$6.09
Payment Frequency
Quarterly
Payout Ratio
184.5%
Consecutive Growth Years
16 (Dividend Contender)
Div Growth (1Y CAGR)
3.06%
Div Growth (5Y CAGR)
8.66%
Div Growth (10Y CAGR)
7.00%
MAA: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
13.3%
FCF payout ratio
29.5%
Net debt / EBITDA
4.5x
Interest coverage
3.17x
ROIC (TTM)
5.2%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 184.5%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.14) covers dividend/share ($6.09).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
16 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 29.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (8.7%) exceeds EPS growth (-11.3%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 15, 2026
- Payment date
- Apr 30, 2026
- Dividend
- $1.5300
- Adj. dividend
- $1.5300
Ex-date Jan 15, 2026
- Payment date
- Jan 30, 2026
- Dividend
- $1.5300
- Adj. dividend
- $1.5300
Ex-date Oct 15, 2025
- Payment date
- Oct 31, 2025
- Dividend
- $1.5150
- Adj. dividend
- $1.5150
Ex-date Jul 15, 2025
- Payment date
- Jul 31, 2025
- Dividend
- $1.5150
- Adj. dividend
- $1.5150
Ex-date Apr 15, 2025
- Payment date
- Apr 30, 2025
- Dividend
- $1.5150
- Adj. dividend
- $1.5150
Ex-date Jan 15, 2025
- Payment date
- Jan 31, 2025
- Dividend
- $1.5150
- Adj. dividend
- $1.5150
Ex-date Oct 15, 2024
- Payment date
- Oct 31, 2024
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
Ex-date Jul 15, 2024
- Payment date
- Jul 31, 2024
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
Ex-date Apr 12, 2024
- Payment date
- Apr 30, 2024
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
Ex-date Jan 11, 2024
- Payment date
- Jan 31, 2024
- Dividend
- $1.4700
- Adj. dividend
- $1.4700
Ex-date Oct 12, 2023
- Payment date
- Oct 31, 2023
- Dividend
- $1.4000
- Adj. dividend
- $1.4000
Ex-date Jul 13, 2023
- Payment date
- Jul 31, 2023
- Dividend
- $1.4000
- Adj. dividend
- $1.4000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 15, 2026 | Apr 30, 2026 | $1.5300 | $1.5300 |
| Jan 15, 2026 | Jan 30, 2026 | $1.5300 | $1.5300 |
| Oct 15, 2025 | Oct 31, 2025 | $1.5150 | $1.5150 |
| Jul 15, 2025 | Jul 31, 2025 | $1.5150 | $1.5150 |
| Apr 15, 2025 | Apr 30, 2025 | $1.5150 | $1.5150 |
| Jan 15, 2025 | Jan 31, 2025 | $1.5150 | $1.5150 |
| Oct 15, 2024 | Oct 31, 2024 | $1.4700 | $1.4700 |
| Jul 15, 2024 | Jul 31, 2024 | $1.4700 | $1.4700 |
| Apr 12, 2024 | Apr 30, 2024 | $1.4700 | $1.4700 |
| Jan 11, 2024 | Jan 31, 2024 | $1.4700 | $1.4700 |
| Oct 12, 2023 | Oct 31, 2023 | $1.4000 | $1.4000 |
| Jul 13, 2023 | Jul 31, 2023 | $1.4000 | $1.4000 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Mid-America Apartment Communities has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 16 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $6.0600 | — | — |
| 2025 | $5.8800 | $6.0600 | +3.1% |
| 2024 | $5.6000 | $5.8800 | +5.0% |
| 2023 | $4.6750 | $5.6000 | +19.8% |
| 2022 | $4.1000 | $4.6750 | +14.0% |
| 2021 | $4.0000 | $4.1000 | +2.5% |
| 2020 | $3.8400 | $4.0000 | +4.2% |
| 2019 | $3.6900 | $3.8400 | +4.1% |
| 2018 | $3.4800 | $3.6900 | +6.0% |
| 2017 | $3.2800 | $3.4800 | +6.1% |
| 2016 | $3.0800 | $3.2800 | +6.5% |
| 2015 | $2.9200 | $3.0800 | +5.5% |
| 2014 | $2.7800 | $2.9200 | +5.0% |
| 2013 | $2.6400 | $2.7800 | +5.3% |
| 2012 | $2.5100 | $2.6400 | +5.2% |
| 2011 | $2.4600 | $2.5100 | +2.0% |
| 2010 | $2.4600 | $2.4600 | 0.0% |
| 2009 | $2.4600 | $2.4600 | 0.0% |
| 2008 | $2.4200 | $2.4600 | +1.7% |
| 2007 | $2.3800 | $2.4200 | +1.7% |
| 2006 | $2.3500 | $2.3800 | +1.3% |
| 2005 | $2.3400 | $2.3500 | +0.4% |
| 2004 | $2.3400 | $2.3400 | 0.0% |
| 2003 | $2.3400 | $2.3400 | 0.0% |
| 2002 | $2.3400 | $2.3400 | 0.0% |
| 2001 | $2.3200 | $2.3400 | +0.9% |
| 2000 | $2.3000 | $2.3200 | +0.9% |
| 1999 | $2.2000 | $2.3000 | +4.5% |
| 1998 | $2.1400 | $2.2000 | +2.8% |
| 1997 | $2.0400 | $2.1400 | +4.9% |
| 1996 | $2.0000 | $2.0400 | +2.0% |
| 1995 | — | $2.0000 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Mid-America Apartment Communities (MAA) from the consolidated cash flow statement, in USD as filed.
Latest period
$710.77M
YoY change
+3.2%
5Y CAGR
+9.2%
Peak year (2025)
$709.02M
Latest annual
$709.02M
Cash dividends paid over time for Mid-America Apartment Communities (MAA)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Mid-America Apartment Communities (MAA)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $709.02M | +3.2% | +$22.12M | ||
| 2024 | $686.90M | +5.4% | +$35.18M | ||
| 2023 | $651.72M | +20.8% | +$112.11M | ||
| 2022 | $539.61M | +14.7% | +$69.20M | ||
| 2021 | $470.40M | +2.9% | +$13.05M | ||
| 2020 | $457.36M | +4.5% | +$19.61M | ||
| 2019 | $437.74M | +4.3% | +$17.89M | ||
| 2018 | $419.85M | +6.2% | +$24.55M | ||
| 2017 | $395.29M | +59.6% | +$147.64M | ||
| 2016 | $247.65M | +6.7% | +$15.57M | ||
| 2015 | $232.08M | +5.9% | +$12.92M | ||
| 2014 | $219.16M | +55.8% | +$78.46M | ||
| 2013 | $140.70M | +30.6% | +$32.95M | ||
| 2012 | $107.75M | +17.1% | +$15.72M | ||
| 2011 | $92.03M | +19.3% | +$14.89M | ||
| 2010 | $77.14M | +11.0% | +$7.63M | ||
| 2009 | $69.50M | +5.6% | +$3.70M | ||
| 2008 | $65.81M | -2.5% | -$1.67M | ||
| 2007 | $67.48M | +736.7% | +$59.41M | ||
| 2006 | $8.06M | -1.1% | -$93,000 | ||
| 2005 | $8.16M | -84.9% | -$45.72M | ||
| 2004 | $53.88M | +495.8% | +$44.83M | ||
| 2003 | $9.04M | -81.1% | -$38.83M | ||
| 2002 | $47.88M | +0.4% | +$182,000 | ||
| 2001 | $47.69M | +0.2% | +$102,000 | ||
| 2000 | $47.59M | -5.4% | -$2.72M | ||
| 1999 | $50.31M | +6.8% | +$3.19M | ||
| 1998 | $47.12M | +36.5% | +$12.60M | ||
| 1997 | $34.52M | +26.4% | +$7.21M | ||
| 1996 | $27.31M | +49.2% | +$9.01M | ||
| 1995 | $18.30M | +128.8% | +$10.30M | ||
| 1994 | $8.00M | — | — |
Mid-America Apartment Communities (MAA) most recent annual dividends paid stands at $709.02M (2025) – edged up 3.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Mid-America Apartment Communities dividends paid compounded at +9.2% per year, sustaining 17 straight years of year-over-year growth.
The highest annual dividends paid of $709.02M was reported in 2025. The lowest in the available history was $8.00M in 1994.
Among 8 Real Estate peers, Mid-America Apartment Communities (MAA) ranks 9th; the peer median for dividends paid is $2.55B.
Mid-America Apartment Communities Dividends Paid 2025: $709.02M
Mid-America Apartment Communities dividends paid in 2025 was $709.02M, edged up 3.2% from 2024. This figure represents the highest annual value in the available history.
Mid-America Apartment Communities Dividends Paid 2024: $686.90M
Mid-America Apartment Communities dividends paid in 2024 was $686.90M, grew 5.4% from 2023.
Mid-America Apartment Communities Dividends Paid 2023: $651.72M
Mid-America Apartment Communities dividends paid in 2023 was $651.72M, grew 20.8% from 2022.
Mid-America Apartment Communities Dividends Paid 2022: $539.61M
Mid-America Apartment Communities dividends paid in 2022 was $539.61M, grew 14.7% from 2021.
Mid-America Apartment Communities Dividends Paid 2021: $470.40M
Mid-America Apartment Communities dividends paid in 2021 was $470.40M.
See more financial history for Mid-America Apartment Communities (MAA).
Sector peers by dividends paid
Companies in the same sector as Mid-America Apartment Communities, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Prologis (PLD) | $3.76B | Real Estate |
| American Tower (AMT) | $3.16B | Real Estate |
| Realty Income (O) | $2.92B | Real Estate |
| Simon Property Group (SPG) | $2.79B | Real Estate |
| Public Storage (PSA) | $2.30B | Real Estate |
| Welltower (WELL) | $1.88B | Real Estate |
| Equinix (EQIX) | $1.86B | Real Estate |
| Digital Realty Trust (DLR) | $1.73B | Real Estate |
Frequently asked questions
Does Mid-America Apartment Communities pay dividends?
Yes, Mid-America Apartment Communities (MAA) pays quarterly dividends of approximately $6.09 per share annually, yielding 4.68%.
What is Mid-America Apartment Communities's dividend yield?
Mid-America Apartment Communities (MAA) has a current dividend yield of 4.68%.
Is Mid-America Apartment Communities's dividend safe?
Mid-America Apartment Communities (MAA) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Mid-America Apartment Communities increased its dividend?
Mid-America Apartment Communities (MAA) has 16 consecutive years of dividend increases.
What is Mid-America Apartment Communities's dividend payout ratio?
Mid-America Apartment Communities (MAA) has a dividend payout ratio of 184.5%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Mid-America Apartment Communities's dividends paid?
Latest reported dividends paid for Mid-America Apartment Communities (MAA) is $710.77M (period ending March 31, 2026).
How has Mid-America Apartment Communities dividends paid changed year-over-year?
Mid-America Apartment Communities (MAA) dividends paid changed +3.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Mid-America Apartment Communities dividends paid?
Mid-America Apartment Communities (MAA) dividends paid compound annual growth rate is +9.2% over the most recent 5 years available.
When did Mid-America Apartment Communities dividends paid hit its highest annual value?
Mid-America Apartment Communities dividends paid reached its highest annual value of $709.02M in 2025.
What was Mid-America Apartment Communities dividends paid in 2024?
Mid-America Apartment Communities (MAA) dividends paid in 2024 was $686.90M.
What was Mid-America Apartment Communities dividends paid in 2025?
Mid-America Apartment Communities (MAA) dividends paid in 2025 was $709.02M.
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