MAA-P-I: MID AMERICA APARTMENT COMMUNITIES INC. 8.5% Series I Preferred Stock
MID AMERICA APARTMENT COMMUNITIES INC.'s MAA-P-I is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $52.20, MAA-P-I yields 8.14% on its $50 liquidation preference and 8.5% coupon.
It trades at a premium of 4.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-10-01.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.