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Mid-America Apartment Communities' 8.5% Preferred Stock Redemption Seen As Accretive To Core FFO-Per-Share

BenzingaJeong-Mo Goo

The Print Mid-America Apartment Communities, Inc. (NYSE:MAA) plans to redeem all of its outstanding 8.50% Series I cumulative redeemable preferred stock on Oct. 1. The redemption replaces a fixed preferred dividend

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