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Mid-America Apartment Communities (STU:M2K) Dividend Yield % : 4.22% (As of May. 08, 2024)


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What is Mid-America Apartment Communities Dividend Yield %?

As of today (2024-05-08), the Trailing Annual Dividend Yield of Mid-America Apartment Communities is 4.22%.

Good Sign:

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

The historical rank and industry rank for Mid-America Apartment Communities's Dividend Yield % or its related term are showing as below:

STU:M2K' s Dividend Yield % Range Over the Past 10 Years
Min: 1.79   Med: 3.4   Max: 4.64
Current: 4.22

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%.

STU:M2K's Dividend Yield % is ranked worse than
81.06% of 834 companies
in the REITs industry
Industry Median: 6.99 vs STU:M2K: 4.22

Mid-America Apartment Communities's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.21.

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.

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.

As of today (2024-05-08), the Forward Dividend Yield % of Mid-America Apartment Communities is 4.35%.

Mid-America Apartment Communities's Dividends per Share for the three months ended in Mar. 2024 was €1.35.

During the past 12 months, Mid-America Apartment Communities's average Dividends Per Share Growth Rate was 13.70% 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.

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.

The growth rate is calculated with least square regression.

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


Mid-America Apartment Communities Dividend Yield % Historical Data

The historical data trend for Mid-America Apartment Communities's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Mid-America Apartment Communities Dividend Yield % Chart

Mid-America Apartment Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 3.49 1.72 3.10 4.19

Mid-America Apartment Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.48 3.60 4.17 4.19 4.27

Competitive Comparison of Mid-America Apartment Communities's Dividend Yield %

For the REIT - Residential subindustry, Mid-America Apartment Communities's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the REITs Industry

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

* The bar in red indicates where Mid-America Apartment Communities's Dividend Yield % falls into.



Mid-America Apartment Communities Dividend Yield % Calculation

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 1.4700002024-04-122024-04-152024-04-30Cash DividendquarterlyUSD:EUR 0.920000
USD 1.4700002024-01-112024-01-122024-01-31Cash DividendquarterlyUSD:EUR 0.918000
USD 1.4000002023-10-122023-10-132023-10-31Cash DividendquarterlyUSD:EUR 0.947000
USD 1.4000002023-07-132023-07-142023-07-31Cash DividendquarterlyUSD:EUR 0.904000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.29326/127.05
=4.17 %

Current Share Price is €127.05.
Mid-America Apartment Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is €5.29326.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.4096/127.05
=4.26 %

Current Share Price is €127.05.
Mid-America Apartment Communities's Dividends per Share for the forward twelve months is calculated as €1.3524 * 4 = €5.4096.

* 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  (STU:M2K) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Mid-America Apartment Communities Dividend Yield % Related Terms

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Mid-America Apartment Communities (STU:M2K) 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.

Mid-America Apartment Communities (STU:M2K) Headlines

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