Mid-America Apartment Communities, Inc.

MAA
Real Estate
$137.86
4.42%Fair Value

Mid-America Apartment Communities, Inc. (MAA) is a Real Estate company that currently yields 4.42% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $123.67 and the overvaluation threshold at $215.03. Mid-America Apartment Communities, Inc. holds a quality score of 50/100 (Average), reflecting 14 consecutive years of dividend growth with a 184% payout ratio. The 5-year dividend CAGR stands at 8.7%.

MAA Dividend Yield History — Weiss Valuation

Underval. $123.67Overval. $215.03

Distance to undervalued

Waiting for a better entry

Needs about 10.3% downside to reach the Weiss buy zone

Undervaluation starts near $123.67, where the annual dividend would imply roughly 4.92% yield. That is 0.51% above today's yield.

Buy-zone price

$123.67

Target yield

4.92%

Research checklist

What to clear before buying the yield

Updated Jul 9, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

184%

Coverage deserves a closer look in filings.

Cash payout

78%

Free cash flow coverage supports the payment.

Dividend growth

8.7%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-07-082026-07-09

Price

-2.7%

$141.71 $137.86

Price fell 2.7% since the prior snapshot.

Dividend yield

+0.12 pp

4.30% 4.42%

Yield expanded from 4.30% to 4.42%.

Why Now?

Mid-America Apartment Communities, Inc. is trading at a fair valuation relative to its dividend history.

Current yield 4.4% vs historical max 6.6% (67% of maximum).

14 consecutive years without a dividend cut.

Elevated payout ratio of 184%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 50/100 quality score says the headline yield needs extra skepticism.

The earnings payout ratio is above 100%, so coverage is the first risk to unpack.

MAA Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$480

Year 10 Income

$1,847

Yield on Cost

20.35%

Total Income

$10,001

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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MAA Dividend Quality Score

Quality Score

50/ 100

Average

Payout Ratio0/25
Dividend Streak20/25
Growth (CAGR 5Y)20/20
Yield vs History5/15
FCF Coverage5/15

Key Metrics

Current Price$137.86
Annual Dividend$6.09
Current Yield4.42%
Yield — Max (10Y)6.60%
Yield — Min (10Y)3.29%
Undervalued Below$123.67
Overvalued Above$215.03
Payout Ratio184.09%
CAGR Dividend 5Y8.7%
CAGR Dividend 10Y7.0%
Years No Cut14y

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14
consecutive years of dividend growth