SANTA
MONICA, Calif., May 9, 2022
/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, 2022
to stockholders of record at the close of business on May 20, 2022.
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 48 million square feet of real
estate consisting primarily of interests in 44 regional town
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