undamentalytics Newsletter
Sign in

Mid-America Apartment Communities dividend history

Mid-America Apartment Communities's dividend was $6.08 a share in fiscal 2025, up 2.5% on the year before. That was 158.7% of net income. It has raised its dividend per share every year since fiscal 2009.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$200M
Dividends (TTM)
$712M
Returned to shareholders
146%
of free cash flow
Buybacks, last 3 fiscal years
$27.2M
Diluted share count
−0.5%
year over year
Total shareholder yield
6.6%
dividends 5.2% + buybacks 1.5% of market value
Dividend payout ratio
184%
of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2008Dec 20082009Dec 20092010Dec 20102011Dec 20112012Dec 20122017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Dividend per share$2.46$2.46$2.47$2.54$2.67$3.53$3.73$3.88$4.03$4.16$4.99$5.67$5.92$6.08—
Dividend per share growth—0.0%+0.5%+2.8%+5.2%+32.1%+5.5%+4.1%+3.7%+3.4%+19.8%+13.7%+4.5%+2.5%—
Dividends paid66707792108395420438457470540652687709712
Share buybacks11132——————0027200
Dividends ÷ net income217.6%186.8%259.2%188.5%102.4%120.4%188.4%123.7%179.4%88.1%84.7%117.9%130.2%158.7%183.6%
Dividends ÷ free cash flow67.4%69.0%71.9%73.4%65.8%124.7%87.5%74.0%76.4%76.4%70.8%81.9%88.5%98.8%114.3%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

  • MAA Announces Quarterly Common Dividend Source

Compare with peers

Head to head: ESS vs MAAMAA vs UDRMAA vs UMH

More: Multi-Family Residential REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Mid-America Apartment Communities's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mid-America Apartment Communities.