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Mid-America Apartment Communities (Mid-America Apartment Communities) 5-Year Dividend Growth Rate : 8.00% (As of Dec. 2023)


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What is Mid-America Apartment Communities 5-Year Dividend Growth Rate?

Mid-America Apartment Communities's Dividends per Share for the three months ended in Dec. 2023 was $1.40.

During the past 12 months, Mid-America Apartment Communities's average Dividends Per Share Growth Rate was 19.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mid-America Apartment Communities was 20.90% per year. The lowest was 0.10% per year. And the median was 3.40% per year.

Mid-America Apartment Communities's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.02. As of today, Mid-America Apartment Communities's Dividend Yield % is 4.44%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mid-America Apartment Communities Inc is 1.19, which seems too high.

Good Sign:

Mid-America Apartment Communities Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Mid-America Apartment Communities's 5-Year Dividend Growth Rate

For the REIT - Residential subindustry, Mid-America Apartment Communities's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mid-America Apartment Communities's 5-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's 5-Year Dividend Growth Rate falls into.



Mid-America Apartment Communities 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mid-America Apartment Communities  (NYSE:MAA) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mid-America Apartment Communities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.4/ 1.37
=1.02

During the past 13 years, the highest Dividend Payout Ratio of Mid-America Apartment Communities was 1.87. The lowest was 1.17. And the median was 1.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mid-America Apartment Communities Inc is 1.19, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Mid-America Apartment Communities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4702024-04-122024-04-152024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 1.4702024-01-112024-01-122024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 1.4002023-10-122023-10-132023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 1.4002023-07-132023-07-142023-07-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mid-America Apartment Communities's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.74/129.23
=4.44 %

Current Share Price is $129.23.
Mid-America Apartment Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.74.

During the past 13 years, the highest Dividend Yield of Mid-America Apartment Communities was 4.64%. The lowest was 1.79%. And the median was 3.40%.

Good Sign:

Mid-America Apartment Communities Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mid-America Apartment Communities 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Mid-America Apartment Communities's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Mid-America Apartment Communities (Mid-America Apartment Communities) Business Description

Traded in Other Exchanges
Address
6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.
Executives
Bolton H Eric Jr director, officer: President and Chief Executive
Timothy Argo officer: EVP, Chief Strategy & Analysis 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138
Melanie Carpenter officer: EVP & CHRO 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138
Robert J. Delpriore officer: EVP, General Counsel 6584 POPLAR AVENUE, MEMPHIS TN 38138
William Reid Sanders director C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Tamara D Fischer director 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Deborah H Caplan director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Adrian Hill officer: EVP, Chief Investment Officer 6815 POPLAR AVE, SUITE 500, GERMANTOWN TN 38138
Campbell Albert M Iii officer: EVP-Director of Finance 6584 POPLAR AVE., STE. 300, MEMPHIS TN 38138
Monica Houle Mcgurk director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Grimes Thomas L Jr officer: EVP-Director of Property Mgm 6584 POPLAR AVE., STE. 300, MEMPHIS TN 38138
David P Stockert director 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327-3057
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118
Russell R French director 9 NORTH PARKWAY SQUARE, 4200 NORTHSIDE PARKWAY, ATLANTA GA 30327