Mid-America Apartment (MAA) Raises Quarterly Dividend 6% to $0.9225; 3.6% Yield
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MAA Announces 6% Increase in Common Dividend
December 5, 2017 4:20 PM ESTMEMPHIS, Tenn., Dec. 5, 2017 /PRNewswire/ --Â MAA (NYSE: MAA) announced that its board of directors approved today a 6% increase in its common dividend rate for fiscal year 2018. This dividend increase will raise the annualized dividend payout to $3.69 per share of common stock, an increase of $0.21 per share from the prior dividend level. This is MAA's eighth consecutive annual increase of its common dividend.
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