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Mid-America Apartment Communities (BSP:M1AA34) 5-Year Dividend Growth Rate : 8.00% (As of Mar. 2024)


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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 Mar. 2024 was R$1.28.

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. 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 Mar. 2024 was 0.84. As of today, Mid-America Apartment Communities's Dividend Yield % is 3.12%.

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  (BSP:M1AA34) 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 Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.276/ 1.519
=0.84

During the past 13 years, the highest Dividend Payout Ratio of Mid-America Apartment Communities was 1.87. The lowest was 1.01. 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
BRL 1.3165552024-04-122024-04-112024-05-07Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.2694002024-01-112024-01-102024-02-06Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.2296062023-10-112023-10-102023-11-07Cash DividendquarterlyBRL:BRL 1.000000
BRL 1.6711452023-07-132023-07-122023-08-04Cash DividendquarterlyBRL:BRL 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
=5.486706/175.61
=3.12 %

Current Share Price is R$175.61.
Mid-America Apartment Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$5.486706.

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

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Mid-America Apartment Communities (BSP:M1AA34) 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.

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