Macerich Co (MAC) declared a quarterly dividend of $0.17 per share, payable on Sept. 23, 2025. The company has maintained a strong sustainability commitment, ranking #1 in the North American retail sector for ten consecutive years. While the dividend amount may be modest, Macerich's strategic locations and stable cash flow suggest a robust business model.
Macerich Co (MAC) has declared a quarterly dividend of $0.17 per share, payable on September 23, 2025. The company has maintained a strong commitment to sustainability, ranking #1 in the North American retail sector for ten consecutive years. While the dividend amount may be modest, Macerich's strategic locations and stable cash flow suggest a robust business model.
Macerich, a fully integrated real estate investment trust (REIT), owns and operates high-quality retail properties in densely populated and attractive U.S. markets, including California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. The company's portfolio comprises 42 million square feet of real estate, primarily consisting of interests in 39 retail centers [1].
Macerich's dividend declaration comes on the heels of its strong sustainability track record. The company has been recognized as a leader in environmental goals, social good, and sound corporate governance. It achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years (2015-2024) [1].
While the $0.17 per share dividend may appear modest compared to other companies in the sector, it reflects Macerich's strategic focus on long-term value creation. The company's stable cash flow and strategic locations in key markets indicate a solid business model. Investors should also note that Macerich uses its Investor Relations website to disclose material nonpublic information and comply with its disclosure obligations under Regulation FD [1].
In contrast, Papa John's International, Inc. (Nasdaq: PZZA) recently declared a quarterly dividend of $0.46 per share, with an annual dividend of $1.84 per common share. This highlights the diversity in dividend payout strategies among companies in the retail sector [2].
Investors should consider Macerich's dividend declaration within the context of its overall business performance and sustainability leadership. Further information about Macerich's financials and operations can be found on its Investor Relations website [1].
References:
[1] https://www.barchart.com/story/news/33791477/macerich-declares-the-quarterly-dividend-on-its-common-shares
[2] https://www.morningstar.com/news/business-wire/20250801961108/papa-johns-declares-quarterly-dividend
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