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MACERICH DECLARES THE QUARTERLY DIVIDEND ON ITS COMMON SHARES

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The Macerich Company (NYSE: MAC) announced a quarterly cash dividend of $.15 per share, payable on March 3, 2022. Stockholders must be on record by February 18, 2022 to qualify for this dividend. Macerich, a self-managed real estate investment trust (REIT), focuses on acquiring, leasing, and managing regional malls across the United States, particularly in densely populated markets. The company boasts a strong sustainability record, having achieved the #1 GRESB ranking in North American retail for seven consecutive years (2015-2021).

Positive
  • Quarterly cash dividend of $.15 per share indicates financial stability.
  • Strong sustainability credentials with #1 GRESB ranking for seven years.
Negative
  • None.

SANTA MONICA, Calif., Jan. 27, 2022 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.15 per share of common stock.  The dividend is payable on March 3, 2022 to stockholders of record at the close of business on February 18, 2022.  

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), 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 on the West Coast, and in Arizona and the Metro New York to Washington, DC corridor.  A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for seven straight years (2015 – 2021). Additional information about Macerich can be obtained from the Company's website at www.Macerich.com.

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SOURCE Macerich Company

The Macerich Company

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5.06B
249.84M
0.59%
83.08%
6.34%
REIT - Retail
Real Estate Investment Trusts
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United States of America
SANTA MONICA