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MAA-I Mid-America Apartment Communities 8.50% Series I Cumulative Preferred

Dividends on the 8 1/2% Series A Cumulative Redeemable Preferred Shares, $.01 par value per share (the "Preferred Shares"), of Post Properties, Inc. (the "Company") will be cumulative from the date of original issue and will be payable quarterly on or about the last day of March, June, September and December of each year, commencing December 31, 1996, at the rate of 8 1/2% of the liquidation preference per annum (equivalent to $4.25 per annum per share). The Preferred Shares are not redeemable prior to October 1, 2026. On or after October 1, 2026, the Preferred Shares may be redeemed for cash at the option of the Company in whole or in part, at a redemption price of $50.00 per share, plus accrued and unpaid dividends, if any, thereon.  This security was issued by Mid-America Apartment Communities, Inc, whose common stock symbol is MAA.

$55.96  0.00 (0.00%)
As of 03/24/2023 00:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REITóResidential
Index country:  USA
Country of incorporation:  USA
IPO date:  12/05/2016
Outstanding shares:  1,000,000
Average volume:  1,008
Market cap:   $58,195,000
Current dividend yield:  7.30%    calculation
Coupon rate:    8.500%
Cumulative:    Yes
Liquidation value:   $50.00
Callable after:   10/01/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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