Company: Mid-America Apartment Communities Inc. (MAA)
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Company Profile: Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store. -Morningstar.com-
Symbol: MAA
Recent Price: $150.09
Dividends: $5.88
Yield: 3.92%
Sector: Real Estate
Industry: REIT-Residential
Address & Company Phone #: 6815 Poplar Ave. Ste. 500 Germantown TN 38138, 901-682-6600
Transfer Agent: Broadridge Corporate Issuer 877-206-4722
Moody’s Rating: Baa1
Minimum & Maximum Investment: $250 – $5,000/month
Investment Dates: Last Bus. Day Monthly
Shares to Qualify: 1 Share or $250
Fees: Div.: 3¢/sh. Cash: 3¢/sh. Cert: $0 Sells: by Mail or Fax for $15+10¢/sh.
52 Week High & Low: $166.71, $115.56