GERMANTOWN, Tenn., Oct. 30, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the three months ended September 30, 2024.
Third Quarter 2024 Operating Results
Three months ended September 30,
Nine months ended September 30,
2024
2023
2024
2023
Earnings per common share - diluted
$
0.98
$
0.94
$
3.07
$
3.34
Funds from operations (FFO) per Share - diluted
$
2.10
$
2.16
$
6.57
$
6.85
Core FFO per Share - diluted
$
2.21
$
2.29
$
6.65
$
6.85
GERMANTOWN, Tenn., Oct. 14, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that the Company sustained only minor damage to its communities located in Florida, Georgia, Tennessee and the Carolinas as a result of Hurricanes Helene and Milton. All communities remain operational, with only a limited number of apartment units taken off-line due to the storms.
GERMANTOWN, Tenn., Oct. 1, 2024 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its third quarter 2024 results on Wednesday, October 30, 2024, after market close and will hold a conference call on Thursday, October 31, 2024, at 9:00 a.m. Central Time. During the conference call, company officers will review third quarter 2024 performance and conduct a question-and-answer session.
GERMANTOWN, Tenn., Sept. 25, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced the appointment of Sheila K. McGrath to the Board of Directors. The appointment of Ms. McGrath, along with the previous election of John Case and Tamara Fischer at the May 2024 Annual Meeting of Shareholders, was executed under the Board of Director's long-term succession plan to pre-emptively address three planned director retirements in 2025, in line with our director refreshment endeavors. While the mid-term appointment will temporarily increase the size of the board to thirteen, the Board of Directors believes allowing for overlap between outgoing and incoming directors provides a more stable and seamless transition. The Board of Directors currently plans to allow the board to reduce in size following the three planned retirements in 2025. Ms. McGrath was also appointed to the Compensation Committee and Real Estate Investment Committee and will serve as an independent director until the 2025 Annual Meeting of Shareholders.
GERMANTOWN, Tenn., Sept. 24, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.47 per share of common stock to be paid on October 31, 2024, to shareholders of record on October 15, 2024.
This announcement represents the 123rd consecutive quarterly cash dividend declared by the company. Over its 30-year history, MAA has never reduced or suspended its quarterly common dividend payment.
GERMANTOWN, Tenn., Sept. 9, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that members of MAA senior management will participate in a round table presentation at the BofA Securities 2024 Global Real Estate Conference. The presentation will take place on Wednesday, September 11, 2024, at approximately 2:15 p.m. Eastern Time.
A live webcast of the company's presentation will be accessible through the "Corporate Profile" section of the "For Investors" page of MAA's website at www.maac.com on the day of the event.
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 MAAMAA 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.
GERMANTOWN, Tenn., July 3, 2024 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its second quarter 2024 results on Wednesday, July 31, 2024, after market close and will hold a conference call on Thursday, August 1, 2024, at 9:00 a.m. Central Time. During the conference call, company officers will review second quarter 2024 performance and conduct a question-and-answer session.
GERMANTOWN, Tenn., June 3, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc. (NYSE: MAA) ("MAA" or the "Company"), today announced that Chairman and CEO, Eric Bolton and Brad Hill, President and Chief Investment Officer, as well as other members of MAA's executive management team, will present at Nareit REIT Week: 2024 Investor Conference on Wednesday, June 5, 2024, from 8:45 a.m. ET to 9:15 a.m. ET.
GERMANTOWN, Tenn., June 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 July 1, 2024, to shareholders of record on June 14, 2024.
About MAAMAA 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.
GERMANTOWN, Tenn., May 21, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.47 per share of common stock to be paid on July 31, 2024, to shareholders of record on July 15, 2024.
This announcement represents the 122nd consecutive quarterly cash dividend declared by the company. Over its 30-year history, MAA has never reduced or suspended its quarterly common dividend payment.
GERMANTOWN, Tenn., May 13, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that its operating partnership, Mid-America Apartments, L.P. ("MAALP"), priced a $400,000,000 offering of MAALP's 5.300% senior unsecured notes due February 15, 2032 (the "Notes") under its existing shelf registration statement. The Notes were priced at 99.496% of the principal amount. The closing of the offering is expected to occur on May 22, 2024, subject to the satisfaction of customary closing conditions.
GERMANTOWN, Tenn., May 1, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2024.
First Quarter 2024 Operating Results
Three months ended March 31,
2024
2023
Earnings per common share - diluted
$
1.22
$
1.16
Funds from operations (FFO) per Share - diluted
$
2.41
$
2.31
Core FFO per Share - diluted
$
2.22
$
2.28
GERMANTOWN, Tenn., April 8, 2024 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its first quarter 2024 results on Wednesday, May 1, 2024, after market close and will hold a conference call on Thursday, May 2, 2024, at 9:00 a.m. Central Time. During the conference call, company officers will review first quarter 2024 performance and conduct a question-and-answer session.
GERMANTOWN, Tenn., March 26, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced the retirement of Toni Jennings from the Board of Directors, effective immediately preceding the May 21, 2024 Annual Meeting of Shareholders. This planned transition aligns with the board's retirement policy and refreshment strategy. In conjunction with Ms. Jenning's departure, the Board of Directors has approved a reduction in the number of authorized directors to 12.
GERMANTOWN, Tenn., March 19, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.47 per share of common stock to be paid on April 30, 2024, to shareholders of record on April 15, 2024.
As established in prior quarters, the board of directors declared the quarterly common dividend in advance of MAA's earnings announcement that is expected to be made on May 1, 2024.
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