Mid-America Apartment (MAA) Raises Quarterly Dividend 6.1% to $0.87; 3.8% Yield
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MAA Announces 6% Increase in Common Dividend
December 8, 2016 4:16 PM ESTMEMPHIS, Tenn., Dec. 8, 2016 /PRNewswire/ -- MAA (NYSE: MAA) announced that its board of directors today approved a 6% increase in its common dividend for fiscal year 2017. This dividend increase will raise the annualized dividend payout to $3.48 per share of common stock, an increase of $0.20 per share from the prior dividend level. This is MAA's seventh consecutive annual increase of its common dividend.Â
The quarterly common dividend of $0.87 per share is... More
