Macerich Declares Its Quarterly Dividend
May 02 2008 - 6:30PM
PR Newswire (US)
SANTA MONICA, Calif., May 2 /PRNewswire-FirstCall/ -- The Board of
Directors of The Macerich Company (NYSE:MAC) declared a dividend of
$0.80 per share of common stock to stockholders of record on May
19, 2008. In addition, Macerich declared a dividend of $0.80 per
share on its Series A Cumulative Preferred Stock. The dividends are
payable on June 9, 2008. 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.
The company is the sole general partner and owns an 85% ownership
interest in The Macerich Partnership, L.P. Macerich now owns
approximately 77 million square feet of gross leaseable area
consisting primarily of interests in 72 regional malls. Additional
information about Macerich can be obtained from the Company's Web
site at http://www.macerich.com/. DATASOURCE: The Macerich Company
CONTACT: media, 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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