MAC Dividend Dates 2023

Company Description

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).

The Macerich Company is based in United States. The Macerich Company has 639 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent MAC dividend details are as follows:
The dividend will be payable on JUN 02, 2023, to stockholders of record on MAY 19, 2023, with an ex-dividend date of MAY 18, 2023. This dividend is $0.170.
There is no change from the prior dividend.

Based on our analysis, from NOV 07, 2012, MAC pays dividend 43 times.
Total dividend paid so far is $21.38. Average dividend is $0.50.
Maximum dividend is $0.71 while minimum dividend is $0.10.

Dividend Forecast

According to recent data, over last 11 years, MAC pays dividend consistently 43 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
MTCH 21,090 $2.000
STE 21,060 $0.470
MAC 2,100 $0.170
FSS 2,100 $0.100
LBRT 2,100 $0.050
NGC 211 $0.000
NRDY 210 $0.000
JCTCF 22 $0.000
SPTK 211 $0.000

As can be seen from the comparison table above, MAC ranks number three in this group of nine stocks with the latest dividend of $0.170.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
18/05/2023 $0.17 02/06/2023 19/05/2023
16/02/2023 $0.17 03/03/2023 17/02/2023
08/11/2022 $0.17 02/12/2022 09/11/2022
18/08/2022 $0.15 08/09/2022 19/08/2022
19/05/2022 $0.15 03/06/2022 20/05/2022
17/02/2022 $0.15 03/03/2022 18/02/2022
08/11/2021 $0.15 03/12/2021 09/11/2021
18/08/2021 $0.15 08/09/2021 19/08/2021
06/05/2021 $0.15 03/06/2021 07/05/2021
18/02/2021 $0.15 03/03/2021 19/02/2021
06/11/2020 $0.15 03/12/2020 09/11/2020
18/08/2020 $0.15 08/09/2020 19/08/2020
21/04/2020 $0.1 03/06/2020 22/04/2020
20/02/2020 $0.75 03/03/2020 21/02/2020
07/11/2019 $0.75 03/12/2019 08/11/2019
16/08/2019 $0.75 06/09/2019 19/08/2019
07/05/2019 $0.75 03/06/2019 08/05/2019
20/02/2019 $0.75 01/03/2019 21/02/2019
08/11/2018 $0.75 03/12/2018 09/11/2018
16/08/2018 $0.74 07/09/2018 17/08/2018
07/05/2018 $0.74 01/06/2018 08/05/2018
20/02/2018 $0.74 02/03/2018 21/02/2018
09/11/2017 $0.74 01/12/2017 10/11/2017
16/08/2017 $0.71 07/09/2017 18/08/2017
03/05/2017 $0.71 02/06/2017 05/05/2017

MAC Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you MAC dividend growth over the years.