◆ Preferred Stock Research

ⓘ Guide

MAA-P-I NOW TRADING POST CALL DATE

MID AMERICA APARTMENT COMMUNITIES INC. · Series I · REIT - Diversified
Also quoted as: MAA-I, MAAprI, MAA.PRI, MAA-PI, MAApI
$56.00
last price

About this security

MAA-P-I is a 8.5% cumulative perpetual preferred stock issued by MID AMERICA APARTMENT COMMUNITIES INC., a REIT - Diversified issuer. $50 liquidation preference, current yield 7.59%, callable from 2007-10-01.

MID AMERICA APARTMENT COMMUNITIES INC.: Mid-America Apartment Communities (MAA) is a self-administered and self-managed REIT that owns, operates, acquires, redevelops, and selectively develops multifamily apartment communities concentrated in high-growth Sun Belt markets across the southeastern, southwestern, and mid-Atlantic United States. As of year-end 2025, the company held ownership interests in approximately 104,945 apartment units, including communities under development, across 16 states and the District of Columbia. MAA generated roughly $2.21 billion in revenue in 2025, making it one of the largest publicly traded residential REITs in the country and a constituent of the S&P 500. The company concentrates on states such as Texas, Florida, Georgia, and North Carolina — a region characterized by strong population growth, favorable economic conditions, and high demand for rental housing.

Issuer page — all MID AMERICA APARTMENT COMMUNITIES INC. securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below

Series
I
Alt. Symbology
MAA-I, MAAprI, MAA.PRI, MAA-PI, MAApI
Recent Market Price
$56.00
Current Yield
7.59%
Yield to Call
Yield to Worst
7.59%
Original Coupon
8.500%
Liq. Preference
$50.00
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-03-13
Annual Dividend
$4.2500
Pay Frequency
monthly
Call Date
2007-10-01 ⚑ callable now
Maturity
Perpetual
Issued
2016-12-05
Cumulative
Yes
Redeemable
Yes
Convertible
No
Pay Dates
15th day of each month, beginning November 15, 2002
Shares Offered
1,050,000 +50,000 OA

vs. REIT - Diversified category (115 issues): yield 7.59% vs avg 8.25% · discount +12.0% vs avg -15.0%

Quote

 MAA-P-I (preferred)MAA (common)
Last $56.00 $138.93
Change -0.05 (-0.09%)
Open$56.00$138.68
High / Low $56.00 / $56.00 $140.16 / $138.27
Prev Close$56.05
Volume677975,237
52-Week High / Low $57.55 / $51.70 $156.76 / $120.30

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

MAA-P-I MAA (common)

Dividend History

Ex-DateAmount / Share
2026-03-13$1.062500
2025-12-15$1.062500
2025-09-15$1.062500
2025-06-13$1.062500
2025-03-14$1.062500
2024-12-13$1.062500
2024-09-13$1.062500
2024-06-14$1.062500
2024-03-14$1.062500
2023-12-14$1.062500
2023-09-14$1.062500
2023-06-14$1.062500

Performance

See what an investment would be worth today, dividends reinvested. Run the $10K calculator for MAA-P-I →

🔔 Get dividend & filing alerts for MAA-P-I →

Prospectus (SEC 424B5)

1,050,000 Shares % Series F Cumulative Redeemable Preferred Stock (Liquidation Preference $25 Per Share)

Use of proceeds: Net proceeds (approximately $25.2 million), together with additional borrowings under available credit lines, will be used to repurchase and retire all issued and outstanding shares of the company's 9 1/2% Series E Preferred Stock.

Full Prospectus (SEC filing) →

News — MID AMERICA APARTMENT COMMUNITIES INC.

Issuer news via Tiingo, tagged to MAA.

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