Mid-America Apartment Communities, Inc. (NYSE:MAA) Updates On Dividend Release Date


On 2016-05-18, Mid-America Apartment Communities, Inc. (NYSE:MAA) confirmed the dividend disbursement of $0.82 a share to shareholders as on record 2016-07-15. The firm will release dividend on 2016-07-29 while ex-dividend date is reported to be 2016-07-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Mid-America Apartment Communities, Inc. (NYSE:MAA) paid a total of $0.82 per share in dividends. This figure stood at $0.82 a share in the same period a year ago indicating a deviation of 5.4794%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $108.666 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $120 and $98, respectively.

Taking the mathematical rating formula, the price for Mid-America Apartment Communities, Inc. (NYSE:MAA) stands at 2.31. Earnings Review Mid-America Apartment Communities, Inc. (NYSE:MAA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $1.49.

Coming to the quarter ending on 2015-12-31, Mid-America Apartment Communities, Inc. (NYSE:MAA) recorded EPS of $1.49. The reported numbers came lower than the analysts’ estimates of $1.46, demonstrating a miss of $0.03 as against reported figures.

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