Macerich Declares the Quarterly Dividend on Its Common Shares
Macerich Company declares quarterly cash dividend of $.17 per share of common stock.
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Macerich Company declares quarterly cash dividend of $.17 per share of common stock.
Dividend is payable on December 1, 2023.
Dividend will be paid to stockholders of record on November 9, 2023.
10/27/2023 - 07:00 AM
SANTA MONICA, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on December 1, 2023, to stockholders of record at the close of business on November 9, 2023.
About Macerich
Macerich is a fully integrated, self-managed and 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 47 million square feet of real estate consisting primarily of interests in 44 regional town 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 nine consecutive years (2015-2023). 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, Director Investor Relations, Samantha.Greening@macerich.com
MEDIA CONTACT: Karen Maurer, AVP Corporate Communications, Karen.Maurer@macerich.com
What is the dividend declared by the Macerich Company?
The Macerich Company has declared a quarterly cash dividend of $.17 per share of common stock.
When will the dividend be paid?
The dividend will be payable on December 1, 2023.
Who will receive the dividend?
The dividend will be paid to stockholders of record on November 9, 2023.
MAC Rankings
#2889 Ranked by Stock Gains
MAC Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
Santa Monica
About MAC
macerich (nyse: mac) an s&p 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the united states. macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in california, arizona, chicago, greater new york metro and washington, dc. additional information about macerich can be obtained from the company’s website at www.macerich.com.