Mid-America Apartment Communities, Inc. (NYSE:MAA) is included among the Best Stocks for a Dividend Achievers List.
Top 100 Places Where the Rich People Own Real Estate
On December 15, Evercore ISI trimmed its price target on Mid-America Apartment Communities, Inc. (NYSE:MAA) to $143 from $144 and kept an In Line rating on the stock. The firm said the NAREIT conference delivered more insight than expected. There were some encouraging shifts across the REIT space. Office and industrial sounded better than many had anticipated. Residential and storage, though, continue to face pressure, according to the analyst’s note on the group.
A couple of days later, on December 17, Mid-America Apartment Communities, Inc. (NYSE:MAA) shared its own update. The board approved a quarterly dividend of $1.53 per share, payable on January 30, 2026, to shareholders on record as of January 15. That lifts the annual dividend to $6.12 per share. Over five years, that works out to compounded growth of 8.3%. This also marks the 16th straight year the company has raised its dividend.
Mid-America Apartment Communities, Inc. (NYSE:MAA)’s balance sheet gives it room to keep investing. The company plans to buy apartment communities, including properties still under development. It is also putting money into new projects and renovations across the portfolio. By late 2025, about $1 billion of development projects were already underway. Those investments matter as they are expected to support growth in FFO per share over the next few years. And that, in turn, helps keep the dividend moving higher at a steady pace.
Mid-America Apartment Communities, Inc. (NYSE:MAA) is one of the largest apartment owners in the US. Its focus stays on the Sunbelt, where population growth and housing demand remain strong.
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