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DRIP Plan Highlights |
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Enrollment |
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Initial Purchase |
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$250 |
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Purchases |
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Minimum |
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$250 |
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Maximum purchase |
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$5,000.00 |
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Fees |
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Account |
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None |
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Automatic |
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None |
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Optional |
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None |
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Reinvestment |
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None |
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$15.00 |
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Company |
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Additional |
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Mid-America Apartment Communities DRIP Details:
The MAA Direct Stock Investment Plan offers an attractive holding vehicle for your MAA REIT investment with no account setup fees, no optional stock investment, and no dividend reinvestment fees. In addition, stock purchases made through the MAA DRIP also have a discount up to 5% of the stock price. For nearly all investors investors the MAA DRIP will be the lowest cost holding vehicle for your MAA investment.
Pros:
No account setup fee
No optional investment fees
Low minimum initial investment ($250)
Discount on stock purchases
No dividend reinvestment fees
Cons:
Above average stock sale fee