Macerich 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 currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago 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 five straight years (2015 2019).
Macerich Dividend Announcement
• Macerich announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-12
• Macerich annual dividend for 2024 was $0.68
• Macerich annual dividend for 2023 was $0.68
• Macerich's trailing twelve-month (TTM) dividend yield is 3.35%
• Macerich's payout ratio for the trailing twelve months (TTM) is 189.71%
• Macerich's dividend growth over the last five years (2018-2023) was -25.54% year
• Macerich's dividend growth over the last ten years (2013-2023) was -11.70% year
Macerich Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $0.17 | quarterly | 2024-12-02 |
2024-08-19 | $0.17 | quarterly | 2024-09-09 |
2024-05-17 | $0.17 | quarterly | 2024-06-03 |
2024-02-15 | $0.17 | quarterly | 2024-03-04 |
2023-11-08 | $0.17 | quarterly | 2023-12-01 |
2023-08-17 | $0.17 | quarterly | 2023-09-08 |
2023-05-18 | $0.17 | quarterly | 2023-06-02 |
2023-02-16 | $0.17 | quarterly | 2023-03-03 |
2022-11-08 | $0.17 | quarterly | 2022-12-02 |
2022-08-18 | $0.15 | quarterly | 2022-09-08 |
2022-05-19 | $0.15 | quarterly | 2022-06-03 |
2022-02-17 | $0.15 | quarterly | 2022-03-03 |
2021-11-08 | $0.15 | quarterly | 2021-12-03 |
2021-08-18 | $0.15 | quarterly | 2021-09-08 |
2021-05-06 | $0.15 | quarterly | 2021-06-03 |
2021-02-18 | $0.15 | quarterly | 2021-03-03 |
2020-11-06 | $0.15 | quarterly | 2020-12-03 |
2020-08-18 | $0.15 | quarterly | 2020-09-08 |
2020-04-21 | $0.10 | quarterly | 2020-06-03 |
2020-02-20 | $0.75 | quarterly | 2020-03-03 |
2019-11-07 | $0.75 | quarterly | 2019-12-03 |
2019-08-16 | $0.75 | quarterly | 2019-09-06 |
2019-05-07 | $0.75 | quarterly | 2019-06-03 |
2019-02-20 | $0.75 | quarterly | 2019-03-01 |
2018-11-08 | $0.75 | quarterly | 2018-12-03 |
2018-08-16 | $0.74 | quarterly | 2018-09-07 |
2018-05-07 | $0.74 | quarterly | 2018-06-01 |
2018-02-20 | $0.74 | quarterly | 2018-03-02 |
2017-11-09 | $0.74 | quarterly | 2017-12-01 |
2017-08-16 | $0.71 | quarterly | 2017-09-07 |
2017-05-03 | $0.71 | quarterly | 2017-06-02 |
2017-02-16 | $0.71 | quarterly | 2017-03-03 |
2016-11-08 | $0.71 | quarterly | 2016-12-02 |
2016-08-17 | $0.68 | quarterly | 2016-09-08 |
2016-05-03 | $0.68 | quarterly | 2016-06-03 |
2016-02-17 | $0.68 | quarterly | 2016-03-04 |
2015-11-10 | $0.68 | quarterly | 2015-12-04 |
2015-11-09 | $4.68 | quarterly | |
2015-08-18 | $0.65 | quarterly | 2015-09-08 |
2015-05-06 | $0.65 | quarterly | 2015-06-05 |
2015-02-18 | $0.65 | quarterly | 2015-03-06 |
2014-11-07 | $0.65 | quarterly | 2014-12-05 |
2014-08-18 | $0.62 | quarterly | 2014-09-05 |
2014-05-07 | $0.62 | quarterly | 2014-06-06 |
2014-02-19 | $0.62 | quarterly | 2014-03-07 |
2013-11-07 | $0.62 | quarterly | 2013-12-06 |
2013-08-16 | $0.58 | quarterly | 2013-09-06 |
2013-05-08 | $0.58 | quarterly | 2013-06-07 |
2013-02-20 | $0.58 | quarterly | 2013-03-08 |
Macerich Dividend per year
Macerich Dividend growth
Macerich Dividend Yield
Macerich current trailing twelve-month (TTM) dividend yield is 3.35%. Interested in purchasing Macerich stock? Use our calculator to estimate your expected dividend yield:
Macerich Financial Ratios
Macerich Dividend FAQ
Other factors to consider when evaluating Macerich as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Macerich's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Macerich publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Macerich distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Macerich are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Macerich sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Macerich distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Macerich declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Macerich's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Macerich's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.