Mid-America Apartment Communities' Series A Preferred Shares Yield Pushes Past 7.5%
September 06, 2024 at 14:19 PM EDT
In trading on Friday, shares of Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (MAA. RI) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $4.25), with shares changing hands as low as $56.20 on the day.