DIVIDEND ANNOUNCEMENT: Macerich Co (The) (NYSE:MAC) on 03/16/2020 declared a dividend of $0.5000 per share

Macerich Co (The) (NYSE:MAC) on 03/16/2020 declared a dividend of $ 0.5000 per share payable on June 03, 2020 to shareholders of record as of April 22, 2020. Dividend amount recorded is a decrease of $ 0.25 from last dividend Paid.

Macerich Co (The) (NYSE:MAC) has paid dividends since 1994, has a current dividend yield of 14.8920326233% and has increased its dividends for 2 successive years.

Macerich Co (The)'s market cap is $ 1,897,618,710 and has a PE ratio of 19.75. The stock price closed yesterday at $ 13.43 and has a 52 week low/high of $ 11.33 and $ 44.73.

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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