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NEW YORK ( TheStreet) -- The ex-dividend date for Mid-America Apartment Communities (NYSE: MAA) is tomorrow, July 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $68.01 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for Mid-America Apartment has been 480,800 shares per day over the past 30 days. Mid-America Apartment has a market cap of $2.83 billion and is part of the financial sector and real estate industry. Shares are up 2.5% year to date as of the close of trading on Tuesday. Mid-America Apartment Communities, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities.