The Macerich Company Declares Dividend
February 07 2005 - 11:25AM
PR Newswire (US)
The Macerich Company Declares Dividend SANTA MONICA, Calif., Feb. 7
/PRNewswire-FirstCall/ -- The Board of Directors of The Macerich
Company (NYSE:MAC) declared a quarterly dividend of $0.65 per share
of common stock to stockholders of record on February 23, 2005. In
addition, Macerich declared a dividend of $0.65 per share on its
Series A Cumulative Preferred Stock. The dividends are payable on
March 8, 2005. The Macerich Company 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.
The Company is the sole general partner and owns an 81% ownership
interest in The Macerich Partnership, L.P. Macerich now owns
approximately 63 million square feet of gross leaseable area
consisting primarily of interests in 64 regional malls. Additional
information about The Macerich Company can be obtained from the
Company's web site at http://www.macerich.com/. DATASOURCE: The
Macerich Company CONTACT: Arthur Coppola, President and Chief
Executive Officer, or Thomas O'Hern, Executive Vice President and
Chief Financial Officer, both of The Macerich Company,
+1-310-394-6000 Web site: http://www.macerich.com/
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