MEMPHIS, Tenn., June 1, 2017 /PRNewswire/ -- 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 June 30, 2017 to
shareholders of record on June 15,
2017.
About MAA
MAA is a self-administered real estate
investment trust (REIT) and member of the S&P 500 index. MAA
currently owns or has ownership interest in apartment communities
throughout the Southeast and Southwest regions of the U.S. focused
on delivering full-cycle and strong investment performance. For
further details, please refer to www.maac.com or contact Investor
Relations at investor.relations@maac.com.
Certain matters in this press release may constitute
forward-looking statements within the meaning of Section 27-A of
the Securities Act of 1933 and Section 21E of the Securities and
Exchange Act of 1934. Such statements include statements made about
the payment of preferred dividends. The ability to meet the payment
of preferred dividends in or contemplated by the forward-looking
statements could differ materially from the projection due to a
number of factors, including a downturn in general economic
conditions or the capital markets, changes in interest rates and
other items that are difficult to control such as increases in real
estate taxes in many of our markets, as well as the other general
risks inherent in the apartment and real estate businesses.
Reference is hereby made to the filings of Mid-America Apartment
Communities, Inc. with the Securities and Exchange Commission,
including quarterly reports on Form 10-Q, reports on Form 8-K, and
its annual report on Form 10-K, particularly including the risk
factors contained in the latter filing.
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SOURCE MAA