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Mid-America Apartment Communities (Mid-America Apartment Communities) 5-Year Yield-on-Cost % : 6.58 (As of Apr. 26, 2024)


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What is Mid-America Apartment Communities 5-Year Yield-on-Cost %?

Mid-America Apartment Communities's yield on cost for the quarter that ended in Dec. 2023 was 6.58.


The historical rank and industry rank for Mid-America Apartment Communities's 5-Year Yield-on-Cost % or its related term are showing as below:

MAA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.63   Med: 5   Max: 6.82
Current: 6.58


During the past 13 years, Mid-America Apartment Communities's highest Yield on Cost was 6.82. The lowest was 2.63. And the median was 5.00.


MAA's 5-Year Yield-on-Cost % is ranked worse than
55.57% of 835 companies
in the REITs industry
Industry Median: 7.1 vs MAA: 6.58

Competitive Comparison of Mid-America Apartment Communities's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Mid-America Apartment Communities's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's 5-Year Yield-on-Cost % falls into.



Mid-America Apartment Communities 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Mid-America Apartment Communities is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Mid-America Apartment Communities  (NYSE:MAA) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Mid-America Apartment Communities 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Mid-America Apartment Communities's 5-Year Yield-on-Cost % 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