12-08-2021, 05:29 AM
Mid America Apartment Communities (NYSE:MAA) declares $1.0875/share quarterly dividend, 6.1% increase from prior dividend of $1.0250.
We live in crazy times when a 6% raise is barely enough to cover inflation. But I like the relatively cautious approach, business is booming for residential REITs right now but I think it's not the time to go celebrating with massive dividend increases. Slow and steady wins the race.
We live in crazy times when a 6% raise is barely enough to cover inflation. But I like the relatively cautious approach, business is booming for residential REITs right now but I think it's not the time to go celebrating with massive dividend increases. Slow and steady wins the race.