Mid-America Apartment Communities’ preferred Series I dividend matches prior payout, offering a 7.94% forward yield.
Mid-America Apartment Communities Cum Red Pfd Registered Series I (MAA.PR.I) announced a $1.0625 per share quarterly dividend, unchanged from previous distributions. The payout maintains a forward yield of 7.94% based on current pricing.
The dividend is payable on September 30 to shareholders of record as of September 15, with an ex-dividend date also set for September 15. The company’s prior dividend matched this amount, reflecting consistent payout levels.
No immediate market reaction was specified in the announcement.