GERMANTOWN, Tenn., Sept. 3,
2024 /PRNewswire/ -- Mid-America Apartment
Communities, Inc., or MAA (NYSE: MAA), today announced a full
quarterly dividend of $1.0625 per
outstanding share of its 8.50% Series I Cumulative Redeemable
Preferred Stock. The dividend is payable on September 30, 2024, to shareholders of record on
September 13, 2024.
About MAA
MAA is a self-administered real estate
investment trust (REIT) and member of the S&P 500. MAA owns or
has ownership interest in apartment communities primarily
throughout the Southeast, Southwest and Mid-Atlantic regions of the
U.S. focused on delivering strong, full-cycle investment
performance. For further details, please refer to the "For
Investors" page at www.maac.com or contact Investor Relations at
investor.relations@maac.com.
Forward-Looking Statements
Certain matters in this
press release may constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities and Exchange Act of 1934, as
amended with respect to our expectations for future periods. Such
statements include statements made about the payment of preferred
dividends. The ability to meet the payment of preferred dividends
in or contemplated by the forward-looking statements could differ
materially from the projection due to a number of factors,
including a downturn in general economic conditions or the capital
markets, changes in interest rates and other items that are
difficult to control such as increases in real estate taxes in many
of our markets, as well as the other general risks inherent in the
apartment and real estate businesses. Reference is hereby made to
the filings of Mid-America Apartment Communities, Inc. with the
Securities and Exchange Commission, including quarterly reports on
Form 10-Q, reports on Form 8-K, and its annual report on Form 10-K,
particularly including the risk factors contained in the latter
filing.
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SOURCE MAA
