Dividend Report: Mid-America Apartment Communities, Inc. (NYSE:MAA) shareholders can count on dividends of $0.82 on Oct 31, 2016.

Dividend Report: Mid America Apartment Communities, Inc. (NYSE:MAA) shareholders can count on dividends of $0.82 on Oct 31, 2016.

Mid-America Apartment Communities, Inc. (NYSE:MAA) is expected to pay $0.82 on Oct 31, 2016. The indicated annual dividend is $3.28. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Mid-America Apartment Communities, Inc.’s current price of $86.01, the dividend is 0.95%. This dividend’s record date is Oct 14, 2016 and the announcement date is Sep 28, 2016. The stock decreased 0.84% or $0.73 on October 7, hitting $86.01. Mid-America Apartment Communities Inc (NYSE:MAA) has declined 7.33% since March 8, 2016 and is downtrending. It has underperformed by 16.65% the S&P500.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The company has a market cap of $6.52 billion.

Insitutional Activity: The institutional sentiment increased to 1.5 in 2016 Q2. Its up 0.21, from 1.29 in 2016Q1. The ratio increased, as 20 funds sold all Mid-America Apartment Communities Inc shares owned while 106 reduced positions. 52 funds bought stakes while 137 increased positions. They now own 71.37 million shares or 1.58% less from 72.52 million shares in 2016Q1.
Suntrust Banks last reported 19,726 shares in the company. Stifel Fin Corp last reported 0% of its portfolio in the stock. Tiaa Cref Inv Mngmt Ltd Liability Co has 0.03% invested in the company for 321,187 shares. Prudential last reported 0.05% of its portfolio in the stock. Paloma holds 24,800 shares or 0.03% of its portfolio. South Texas Money Mgmt Limited holds 0.01% or 2,400 shares in its portfolio. The California-based Btr Mgmt Inc has invested 0.33% in Mid-America Apartment Communities Inc (NYSE:MAA). Pnc Finance Gp holds 0% or 3,423 shares in its portfolio. Price T Rowe Assocs Md reported 31,443 shares or 0% of all its holdings. Retirement Sys Of Alabama accumulated 0.06% or 97,404 shares. Creative Planning accumulated 671 shares or 0% of the stock. Victory Inc has 0% invested in the company for 2,820 shares. Macquarie Group Incorporated Ltd owns 21,260 shares or 0% of their US portfolio. Beacon has 0.13% invested in the company for 7,133 shares. Nationwide Fund holds 0.09% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA) for 205,764 shares.

Insider Transactions: Since June 30, 2016, the stock had 1 insider buy, and 0 sales for $4,973 net activity. The insider BOLTON H ERIC JR bought $4,973.

Mid-America Apartment Communities Inc (NYSE:MAA) Ratings Coverage

Out of 13 analysts covering Mid-America Apartment Communities (NYSE:MAA), 5 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 38% are positive. Mid-America Apartment Communities has been the topic of 33 analyst reports since July 21, 2015 according to StockzIntelligence Inc. BTIG Research initiated the stock with “Neutral” rating in Thursday, August 25 report. Zacks downgraded the stock to “Buy” rating in Wednesday, August 12 report. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Wednesday, December 16. The rating was maintained by Oppenheimer on Thursday, February 4 with “Outperform”. The rating was initiated by JMP Securities on Tuesday, September 15 with “Market Perform”. The firm has “Hold” rating by BB&T Capital given on Tuesday, November 10. SunTrust initiated it with “Buy” rating and $88 target price in Tuesday, July 21 report. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) earned “Neutral” rating by SunTrust on Friday, January 22. The firm has “Hold” rating given on Tuesday, August 25 by Zacks. The firm earned “Neutral” rating on Monday, October 5 by Robert W. Baird.

More recent Mid-America Apartment Communities Inc (NYSE:MAA) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Abbott Laboratories, PerkinElmer and Mid-America …” on October 10, 2016. Also Forbes.com published the news titled: “Relative Strength Alert For Mid-America Apartment Communities” on October 06, 2016. Forbes.com‘s news article titled: “Mid-America Apartment Communities Becomes Oversold” with publication date: August 15, 2016 was also an interesting one.

MAA Company Profile

Mid-America Apartment Communities, Inc. (MAA), incorporated on September 22, 1993, is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company’s divisions include Large market same store communities, Secondary market same store communities, and Non same store communities and other. The Company’s Large market same store communities segment includes communities in markets with a population of approximately one million and approximately 1% of the total public multifamily REIT units that it has owned and that have been stabilized for approximately 12 months; Secondary market same store communities segment includes communities in markets with populations of approximately one million with approximately 1% of the total public multifamily REIT units or markets with populations of approximately one million that it has owned and that have been stabilized for approximately 12 months, and Non same store communities and other segment includes recent acquisitions, communities in development or lease-up, communities that have been identified for disposition, and communities that have undergone a significant casualty loss. The Company’s Non same store communities and other also includes non-multifamily activities.

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