Macerich Declares the Quarterly Dividend on Its Common Shares

Rhea-AI Summary

Macerich (NYSE: MAC) has announced its latest quarterly dividend payment in a recent press release from Santa Monica, California. The company's Board of Directors has declared a cash dividend of $0.17 per share of common stock.

Key details of the dividend announcement:

• Dividend amount: $0.17 per share
• Payment date: June 17, 2025
• Record date: June 3, 2025 (close of business)

This announcement represents Macerich's commitment to providing regular returns to its stockholders. Shareholders who own MAC stock before the record date will be eligible to receive this quarterly dividend payment.

Positive

• Maintains consistent dividend payment of $0.17 per share
• Demonstrates ability to continue shareholder returns

Negative

• No dividend increase despite market conditions
• Dividend yield remains relatively low compared to other REITs

SANTA MONICA, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on June 17, 2025, to stockholders of record at the close of business on June 3, 2025.

About Macerich
Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 42 million square feet of real estate, consisting primarily of interests in 39 retail centers. Macerich is firmly dedicated to advancing environmental goals, social good, and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years (2015-2024). For more information, please visit www.Macerich.com.
 
Macerich uses, and intends to continue to use, its Investor Relations website, which can be found at investing.macerich.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about Macerich can be found through social media platforms such as LinkedIn. Reconciliations of non-GAAP financial measures, including NOI and FFO, to the most directly comparable GAAP measures are included in the earnings release and supplemental filed on Form 8-K with the SEC, which are posted on the Investor Relations website at investing.macerich.com.

MAC-I

SOURCE: Macerich

INVESTOR CONTACT: Samantha Greening, AVP Investor Relations, Samantha.Greening@macerich.com

FAQ

What is Macerich (MAC) dividend payment date for Q2 2025?

Macerich (MAC) will pay its Q2 2025 dividend on June 17, 2025 to stockholders of record as of June 3, 2025.

How much is Macerich MAC quarterly dividend per share in 2025?

Macerich (MAC) declared a quarterly cash dividend of $0.17 per share of common stock.

When is the record date for Macerich MAC June 2025 dividend?

The record date for Macerich (MAC) June 2025 dividend is June 3, 2025, at the close of business.

What is Macerich MAC annual dividend yield based on quarterly payment?

Based on the quarterly dividend of $0.17 per share, Macerich (MAC) pays $0.68 in annual dividends per share.

How often does Macerich MAC pay dividends to shareholders?

Macerich (MAC) pays dividends quarterly, with the next payment scheduled for June 17, 2025.