Mid-America Apartment Communities Cum Red Pfd Registered Series I Declares $1.0625 Quarterly Dividend
Mid-America Apartment Communities Cumulative Redeemable Preferred Shares, Series I (MAA.PR.I) has declared a quarterly dividend of $1.0625 per share, consistent with its previous payout. The forward yield is currently 7.94%. Shareholders of record as of September 15 will receive the payment on September 30. The ex-dividend date is also set for September 15, meaning investors must own shares before this date to be eligible for the dividend. This consistent payout reflects stability in MAA.PR.I's income distribution strategy and may appeal to income-focused investors.
