Mid-America Apartment Communities: An Extraordinary Dividend Increase

Alexander Schiller
329 Followers

Summary

  • MAA raised its dividend by 14.9% for Q3 2022. This was somewhat to be expected due to strong performance.
  • Surprisingly, MAA then again raised its dividend for Q1 2023, by another 12%.
  • Reckless or promising for future dividend growth? I will offer my opinion in this article.
New aprtment building in a housing deveopment on a sunny autumn day

AlbertPego

Mid-America Apartment Communities (NYSE:MAA) is a large US apartment equity REIT with around 102k apartment units focused on the Sunbelt. Its top markets mainly lie in Texas and Florida. The company is a member of the S&P 500, sports an A- credit

This article was written by

329 Followers
Alexander Schiller holds a M. Sc. in Mathematics as well as a Ph. D. in Management Information Systems and currently resides in Germany. He has published several research articles in peer-reviewed journals on topics concerning data quality and data analysis and is passionate for investing. His eventual financial goal is to live off his dividends. He has an analytical mindset, loves to think deeply and takes differing opinions into account to form an educated knowledge base.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MAA, AVB, ESS, EQR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Alexander Schiller is neither a certified financial advisor nor in any way licensed to give financial advice. Even though this article may seem like investment advice or a recommendation to buy or sell stocks or other securities, it simply represents information and an opinion. Do not buy or sell stocks or other securities based on the article - perform your own due diligence prior to any investment. Investing in stocks carries significant risk, which may lead to total loss of invested capital. The information presented in this article represents the author's knowledge and opinion based on thorough research and analysis, but no guarantee for the correctness, currency, completeness and consistency of the information is given. The author owns shares of MAA, ESS, AVB, EQR.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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