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MAA Announces Taxable Composition of 2024 Distributions

In This Article:

GERMANTOWN, Tenn., Jan. 21, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc. or MAA (NYSE: MAA) today announced the taxable composition of the 2024 distributions paid to shareholders.  The company does not expect any portion of the 2024 distributions paid to shareholders to represent a return of capital. The company did not incur any foreign taxes. The composition presented is applicable to all dividend distributions during 2024. The classifications for 2024 are as follows:

MAA logo. (PRNewsFoto/MAA)
MAA logo. (PRNewsFoto/MAA)

Common Stock (MAA) (CUSIP 59522J103)

Record
Date

Pay Date

Cash
Distributions
Per Share

Ordinary
Taxable
Distribution

Long
Term
Capital
Gain

Unrecaptured
Sec. 1250
Gain

Section
199A

Section
897
Capital
Gain

1/12/2024

1/31/2024

$1.4700

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

4/15/2024

4/30/2024

$1.4700

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

7/15/2024

7/31/2024

$1.4700

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

10/15/2024

10/31/2024

$1.4700

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

8.5% Series I Cumulative Redeemable Preferred Stock (MAA/PI) (CUSIP 59522J889)

Record
Date

Pay Date

Cash
Distributions
Per Share

Ordinary
Taxable
Distribution

Long
Term
Capital
Gain

Unrecaptured
Sec. 1250
Gain

Section
199A

Section
897
Capital
Gain

3/15/2024

04/01/2024

$1.0625

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

6/14/2024

07/01/2024

$1.0625

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

09/13/2024

09/30/2024

$1.0625

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

12/13/2024

12/31/2024

$1.0625

98.6074 %

1.3926 %

0.0000 %

98.6074 %

1.3926 %

This release is based on the preliminary work the company has performed on its tax filings and is subject to correction or adjustment based on the completion of those filings.  Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of these MAA distributions.  The company is releasing information at this time to aid those required to distribute Forms 1099 on the company's dividends.  No material change in the taxable composition is expected.

About MAA

MAA, an S&P 500 company, is a self-administered real estate investment trust (REIT) focused on delivering strong, full-cycle investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.  For further details, please refer to www.maac.com or contact Investor Relations at investor.relations@maac.com.