The Macerich Company Declares Its Quarterly Dividend
January 27 2006 - 1:37PM
PR Newswire (US)
SANTA MONICA, Calif., Jan. 27 /PRNewswire-FirstCall/ -- The Board
of Directors of The Macerich Company (NYSE:MAC) declared a
quarterly dividend of $0.68 per share of common stock to
stockholders of record on February 23, 2006. In addition, Macerich
declared a dividend of $0.68 per share on its Series A Cumulative
Preferred Stock. The dividends are payable on March 8, 2006. 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 84% ownership interest in The
Macerich Partnership, L.P. Macerich owns approximately 79 million
square feet of gross leaseable area consisting primarily of
interests in 75 regional malls. Additional information about The
Macerich Company can be obtained from the Company's web site at
http://www.macerich.com/. First Call Analyst: FCMN Contact:
tom_o'hern@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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