GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (NYSE:MAC) » Definitions » Dividend Yield %

Macerich Co (Macerich Co) Dividend Yield %

: 4.48% (As of Today)
View and export this data going back to 1994. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of Macerich Co is 4.48%.

The historical rank and industry rank for Macerich Co's Dividend Yield % or its related term are showing as below:

MAC' s Dividend Yield % Range Over the Past 10 Years
Min: 2.66   Med: 4.42   Max: 59.29
Current: 4.48

During the past 13 years, the highest Dividend Yield of Macerich Co was 59.29%. The lowest was 2.66%. And the median was 4.42%.

MAC's Dividend Yield % is ranked worse than
78.85% of 837 companies
in the REITs industry
Industry Median: 7.14 vs MAC: 4.48

Macerich Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66.

During the past 13 years, the highest Dividend Payout Ratio of Macerich Co was 8.57. The lowest was 0.25. And the median was 3.92.

As of today (2024-04-19), the Forward Dividend Yield % of Macerich Co is 4.48%.

Macerich Co's Dividends per Share for the three months ended in Dec. 2023 was $0.17.

During the past 12 months, Macerich Co's average Dividends Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -16.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -30.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -15.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Macerich Co was 27.00% per year. The lowest was -41.30% per year. And the median was 4.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Macerich Co Dividend Yield % Historical Data

The historical data trend for Macerich Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Macerich Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.14 10.78 3.47 5.51 4.41

Macerich Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.51 6.04 5.86 6.23 4.41

Competitive Comparison

For the REIT - Retail subindustry, Macerich Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macerich Co Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Macerich Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Macerich Co's Dividend Yield % falls into.



Macerich Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Macerich Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-02-152024-02-162024-03-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-11-082023-11-092023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-08-172023-08-182023-09-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-05-182023-05-192023-06-02Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Macerich Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.68/15.17
=4.48 %

Current Share Price is $15.17.
Macerich Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68.

Macerich Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.68/15.17
=4.48 %

Current Share Price is $15.17.
Macerich Co's Dividends per Share for the forward twelve months is calculated as $0.17 * 4 = $0.68.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macerich Co  (NYSE:MAC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Macerich Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Macerich Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Macerich Co (Macerich Co) Business Description

Traded in Other Exchanges
Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.
Executives
Christopher J Zecchini officer: Chief Accounting Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Scott W Kingsmore officer: Chief Financial Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Kenneth Volk officer: SVP, Chief Marketing Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Edward C Coppola director, officer: Executive Vice President THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
O Hern Thomas E officer: EVP, Treasurer & CFO THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ann C Menard officer: EVP, CLO and Secretary 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Doug J Healey officer: EVP, Leasing 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Marianne Lowenthal director 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Enrique Jr Hernandez director INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Steven L Soboroff director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Dana K Anderson director, officer: Vice Chairman of the Board THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Andrea M Stephen director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Steve Hash director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101