Aleksei Iatsenko Dear readers, Mid-America Apartment Communities (NYSE:MAA) is a high-quality apartment REIT which owns predominantly A-Class space in the Sunbelt, has no exposure to California, and has a strong A- balance sheet rating. The REIT has a long history (13 years) of dividend increases, with an 8.8% 5-year dividend CAGR, and yields 4.5%. As such, it can represent an interesting vehicle for income investors to get reasonably high yield and exposure to a traditional asset class (i.e. residentia ...