MAA REIT — Mid-America Apartment Communities

Mid-America Apartment Communities (MAA)

Updated October 16, 2026.

MAA is a REIT. its distribution rate is 5.25%, its trailing-12-month yield is 5.25%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 3321.5% over the past 32.7 years, 579.3 points ahead of SPY at 2742.2%.

Mid-America Apartment Communities is a real estate investment trust that owns and operates apartment communities across the Southeast, Southwest, and Mid-Atlantic regions of the United States, with ownership interests in over 100,000 apartment units. The company distributes quarterly dividends at a current high distribution rate, appealing primarily to income-focused investors seeking real estate exposure. As an S&P 500 constituent, MAA combines income generation with the operational scale of a major apartment portfolio manager.

MAA performance versus SPY

Price and return data through 2026-10-16.

Total return is 3321.5% over the past 32.7 years, 579.3 points ahead of SPY at 2742.2%. Over the past year its total return — price change plus distributions reinvested — is -6.9%. Its deepest 1-year drawdown was 18.7%.

MAA key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

4.41%

Issuer

Mid-America Apartment Communities

Asset type

REIT

Asset class

Real Estate

Distribution rate

5.25%

Distribution frequency

Quarterly

Trailing yield

5.25%

5-year average yield

3.42

Last close

$116.63 (as of 2026-10-16)

Market cap

$13,573,959,457

Average volume

943100.0

Dividend

$1.53

Ex-dividend date

10/15/2026

Payment date

10/30/2026

Beta

0.732

Payout ratio

124.6%

P/E ratio

34.1

Forward P/E

33.557

EPS

$3.42

How Dividend Vision calculates yield and returns

Distribution rate (5.25%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.25%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Mid-America Apartment Communities or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MAA risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 18.7%.

Who may consider MAA — and who may not

MAA may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MAA pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on MAA

• All tickers starting with M

Tagged: REIT, Real Estate, Dividend.

Frequently asked questions

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