SANTA MONICA, Calif.,
April 29, 2021 /PRNewswire/
-- The Board of Directors of the Macerich Company (NYSE: MAC)
declared a quarterly cash dividend of $.15 per share of common stock. The dividend
is payable on June 3, 2021 to
stockholders of record at the close of business on May 7, 2021.
Macerich is a fully integrated, self-managed and
self-administered real estate investment trust (REIT), which
focuses on the acquisition, leasing, management, development and
redevelopment of regional malls throughout the United States.
Macerich currently owns 50 million square feet of real
estate consisting primarily of interests in 46 regional shopping
centers. Macerich specializes in successful retail
properties in many of the country's most attractive, densely
populated markets with significant presence on the West
Coast, Arizona 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 six straight years
(2015 – 2020). Additional information about Macerich can
be obtained from the Company's website
at www.Macerich.com.
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SOURCE Macerich Company