Dividend Growth of Mid-America Apartment Communities, Inc.(MAA)

Mid-America Apartment Communities(MAA) is having a Dividend Yield of 3.54% with the Annual cash Dividend per share of $3.28. The last quarter cash dividend per share pay out was $0.82. Mid-America Apartment Communities has a 5 year average dividend yield of 3.94% and the stock has a Indicated annual dividend of $3.48. Mid-America Apartment Communities(MAA) formally announced its most recent dividend on December 9, 2016 with a Dividend per share of $0.87. The new indicated annual dividend based on announced dividend per share is $3.48. The dividend yield based on the forward looking indicated annual dividend is 3.54%. Mid-America Apartment Communities(MAA) has the most recent dividend payout ratio of 0.55 with a 5-year average payout ratio of 0.59. The 5 year historical dividend growth of Mid-America Apartment Communities(MAA) is at the rate of 5.3% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Mid-America Apartment Communities, Inc. (NYSE:MAA) rose 1.28% or 1.26 points on Thursday and made its way into the gainers of the day. After trading began at $98.33 the stock was seen hitting $99.9 as a peak level and $98.235 as the lowest level. The stock ended up at $99.47. The daily volume was measured at 544,415 shares. The 52-week high of the share price is $110.01 and the 52-week low is $85.04. The company has a market cap of $11,292 million. Shares of Mid-America Apartment Communities, Inc. rose by 1.6% in the last five trading days and 3.27% for the last 4 weeks. Mid-America Apartment Communities, Inc. is up 11.52% in the last 3-month period. Year-to-Date the stock performance stands at 2.5%.

Currently the company Insiders own 1.66% of Mid-America Apartment Communities, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.11% . Institutional Investors own 97.98% of Mid-America Apartment Communities, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -0.11%. Company has reported several Insider transactions to the SEC, on Jan 4, 2017, H Eric Jr Bolton (President and CEO) purchased 60 shares at 82.64 per share price.On Dec 19, 2016, Edward Thomas Wright (EVP, Dev and Cap Projects) sold 312 shares at 92.62 per share price.On Sep 4, 2015, Robert J. Delpriore (EVP, General Counsel) sold 1,040 shares at 77.67 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Mid-America Apartment Communities Inc was Initiated by UBS on Jan 9, 2017 to Neutral, Price Target of the shares are set at $95.Mid-America Apartment Communities Inc was Upgraded by RBC Capital Mkts on Dec 13, 2016 to Outperform, Lowers Price Target to $ 103 from a previous price target of $106 .Mid-America Apartment Communities Inc was Upgraded by Robert W. Baird on Dec 2, 2016 to Outperform, Price Target of the shares are set at $100.

Mid-America Apartment Communities Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.49. The company had revenue of $307.20 million for the quarter, compared to analysts expectations of $292.62 million. The companys revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

Mid America Apartment Communities Inc. is a real estate investment trust which ownes and operates apartments. The company also manages but does not own properties containing apartment units. The company seeks to acquire and develop apartment communities appealing to middle and upper income residents.


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