Macerich Declares Quarterly Dividend
January 27 2012 - 2:12PM
PR Newswire (US)
SANTA MONICA, Calif.,
Jan. 27, 2012 /PRNewswire/ -- The
Board of Directors of The Macerich Company (NYSE: MAC) declared a
quarterly cash dividend of $.55 per
share of common stock. The dividend is payable on March 8, 2012 to stockholders of record at the
close of business on February 22,
2012. On an annualized basis, the dividend has a 4.0% yield
based on yesterday's closing share price.
Macerich 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 owns approximately 66 million square feet
of gross leaseable area consisting primarily of interests in 65
regional centers. Additional information about Macerich can be
obtained from the Company's website at www.macerich.com.
SOURCE Macerich Company
Copyright 2012 PR Newswire
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