SANTA MONICA, Calif.,
July 26, 2018 /PRNewswire/ -- The
Board of Directors of The Macerich Company (NYSE: MAC) declared a
quarterly cash dividend of $.74 per
share of common stock. The dividend is payable on
September 7, 2018 to stockholders of
record at the close of business on August
17, 2018.
Macerich, an S&P 500 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.
Macerich currently owns 53 million square feet of real
estate consisting primarily of interests in 48 regional shopping
centers. Macerich specializes in successful retail
properties in many of the country's most attractive, densely
populated markets with significant presence in the Pacific
Rim, Arizona, Chicago and the Metro New York
to Washington, DC corridor.
A recognized leader in sustainability, Macerich has earned
NAREIT's prestigious "Leader in the Light" award every year from
2014-2017. For the third straight year in 2017 Macerich achieved
the #1 GRESB ranking in the North American Retail Sector, among
many other environmental accomplishments. Additional information
about Macerich can be obtained from the Company's website
at www.macerich.com.
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SOURCE Macerich Company