SANTA
MONICA, Calif., April 28,
2023 /PRNewswire/ -- The Board of Directors of the
Macerich Company (NYSE: MAC) declared a quarterly cash dividend of
$.17 per share of common stock. The
dividend is payable on June 2, 2023,
to stockholders of record at the close of business on May 19, 2023.
About Macerich
Macerich is a fully integrated,
self-managed and self-administered real estate investment trust
(REIT). As a leading owner, operator and developer of high-quality
retail real estate in densely populated and attractive U.S.
markets, Macerich's portfolio is concentrated in California, the Pacific Northwest,
Phoenix/Scottsdale, and the Metro New York to
Washington, D.C. corridor.
Developing and managing properties that serve as community
cornerstones, Macerich currently owns 47 million square feet of
real estate consisting primarily of interests in 44 regional town
centers. Macerich is firmly dedicated to advancing environmental
goals, social good and sound corporate governance. A recognized
leader in sustainability, Macerich has achieved a #1 GRESB ranking
for the North American retail sector for eight years (2015-2022).
For more information, please visit www.Macerich.com.
Macerich uses, and intends to continue to use, its Investor
Relations website, which can be found at investing.macerich.com, as
a means of disclosing material nonpublic information and for
complying with its disclosure obligations under Regulation FD.
Additional information about Macerich can be found through social
media platforms such as LinkedIn. Reconciliations of non-GAAP
financial measures, including NOI and FFO, to the most directly
comparable GAAP measures are included in the earnings release and
supplemental filed on Form 8-K with the SEC, which are posted on
the Investor Relations website at investing.macerich.com.
MAC-I
SOURCE: Macerich
View original content to download
multimedia:https://www.prnewswire.com/news-releases/macerich-declares-the-quarterly-dividend-on-its-common-shares-301810217.html
SOURCE Macerich Company