MAA Announces Record Increase in Dividend

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Mid-America Apartment (MAA) Raises Quarterly Dividend 6.5% to $0.82; 3.7% Yield

December 8, 2015 4:16 PM EST

Mid-America Apartment (NYSE: MAA) declared a quarterly dividend of $0.82 per share, or $3.28 annualized. This is a 6.5% increase from the prior dividend of $0.77.

The dividend will be payable on January 29, 2016, to stockholders of record on January 15, 2016, with an ex-dividend date of January 13,... More