DIVIDEND ANNOUNCEMENT: Macerich Co (The) (NYSE:MAC) on 10/24/2019 declared a dividend of $0.7500 per share

Macerich Co (The) (NYSE:MAC) on 10/24/2019 declared a dividend of $ 0.7500 per share payable on December 03, 2019 to shareholders of record as of November 08, 2019.

Macerich Co (The) (NYSE:MAC) has paid dividends since 1994, has a current dividend yield of 10.3662748337% and has increased its dividends for 1 successive years.

Macerich Co (The)'s market cap is $ 4,088,209,100 and has a PE ratio of 38.08. The stock price closed yesterday at $ 28.94 and has a 52 week low/high of $ 27.11 and $ 53.61.

Macerich is a self-administered and self-managed real estate investment trust. Co. is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers. Co. is the sole general partner of, and owns a majority of the ownership interests in, The Macerich Partnership, L.P. (the Operating Partnership). The Operating Partnership owns or has an ownership interest in regional shopping centers and community/power shopping centers. Co. conducts all of its operations through the Operating Partnership and its management companies, including Macerich Property Management Company, LLC and Macerich Management Company.

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