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MAA Redeems 8.50% Series I Preferred Stock on Oct. 1
Mid-America Apartment Communities (MAA) will redeem all outstanding shares of its 8.50% Series I Cumulative Redeemable Preferred Stock on October 1, 2026. This move aims to simplify the capital structure and eliminate embedded derivative complexities. Investors holding the Series I Shares will receive $50.00 per share plus accrued dividends.
* Mid-America Apartment Communities is redeeming its 8.50% Series I preferred stock on October 1, 2026, paying $50.00 per share plus accrued dividends. Investors in this specific preferred security should monitor the redemption process and any associated dividend payments.
