Macerich Declares the Quarterly Dividend on Its Common Shares

Rhea-AI Summary

The Macerich Company (NYSE: MAC) has announced its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock. The dividend will be paid on March 18, 2025, to shareholders who are recorded as stockholders at the close of business on March 4, 2025.

Positive

• Maintaining consistent quarterly dividend payments, indicating financial stability
• $0.17 per share dividend provides steady income for shareholders

Negative

• None.

SANTA MONICA, Calif., Feb. 14, 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 March 18, 2025, to stockholders of record at the close of business on March 4, 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 43 million square feet of real estate, consisting primarily of interests in 40 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's (MAC) dividend amount for Q1 2025?

Macerich (MAC) declared a quarterly dividend of $0.17 per share for Q1 2025.

When is the ex-dividend date for Macerich's (MAC) Q1 2025 dividend?

Based on the March 4, 2025 record date, the ex-dividend date would be the business day before the record date.

When will Macerich (MAC) pay its Q1 2025 dividend?

Macerich will pay the dividend on March 18, 2025.

What is the record date for Macerich's (MAC) March 2025 dividend?

The record date for Macerich's dividend is March 4, 2025, at the close of business.

How much will MAC shareholders receive in the March 2025 dividend payment?

MAC shareholders will receive $0.17 for each share they own as of the March 4, 2025 record date.