SANTA MONICA,
Calif., Oct. 28,
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 December 3,
2021 to stockholders of record at the close of business on
November 9, 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 49 million square feet of real
estate consisting primarily of interests in 45 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, and in 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 seven straight
years (2015 – 2021). Additional information
about Macerich can be obtained from the Company's website
at www.Macerich.com.
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SOURCE Macerich Company