SmarterDividends
MAA

Mid-America Apartment Communities, Inc.

MAA31 yrs growth

Real Estate · Stock · quarterly payer

Forward Yield

4.47%

Annual Dividend

$6.12

Payout Ratio

184%

5-Yr Growth

8.7%

Ex-Date

Jul 15, 2026

Frequency

Quarterly

MAA Dividend Safety Score

83/ 100
Grade A

Very Safe

Dividend-growth streak31 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage184% of earnings paid out
Balance-sheet strengthDebt/equity of 1.00
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MAA a good dividend stock?

Yes

Mid-America Apartment Communities, Inc. (MAA) pays a quarterly dividend yielding 4.47% ($6.12/yr), with 31 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 31 consecutive years of growth
  • Never cut its dividend on record
  • Strong 8.7% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (184%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.47%
Payout Ratio
184%
Annual Dividend
$6.12
5-Yr Avg Growth
8.7%
Ex-Dividend Date
Jul 15, 2026
Years of Growth
31
Frequency
quarterly
Beta
0.74
Market Cap
$16.3B
P/E Ratio
41.5
5-Yr Total Return
-18%
52-Week Range
$120.30 – $153.93
Dividend Safety
A · 83/100
Ever Cut?
No
MAA ex-dividend date & scheduleNext ex-date Jul 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $6.12 / yr per share

Per payment (quarterly)$153.00
Annual$612.00
Monthly avg$51.00