Preferred Dividend Of Mid-America Apartment Communities Is A Bargain (NYSE:MAA.PR.I)
andreswd The preferred stock of Mid-America Apartment Communities (MAA) has declined 23% since it peaked, in mid-2021. As a result, the preferred stock is currently offering an exceptionally attractive yield of 8.0%. When a stock offers such a high yield, it usually signals that the dividend is at the risk of being cut. However, I…