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Macerich Co (Macerich Co) 5-Year Dividend Growth Rate

: -30.50% (As of Dec. 2023)
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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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Macerich Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.66. As of today, Macerich Co's Dividend Yield % is 4.26%.

Warning Sign:

Macerich Co stock dividend yield is close to 2-year low.

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


Competitive Comparison

For the REIT - Retail subindustry, Macerich Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Macerich Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Macerich Co's 5-Year Dividend Growth Rate falls into.



Macerich Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Macerich Co  (NYSE:MAC) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Macerich Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.17/ 0.257
=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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.68/15.96
=4.26 %

Current Share Price is $15.96.
Macerich Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68.

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%.

Warning Sign:

Macerich Co stock dividend yield is close to 2-year low.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Macerich Co's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Macerich Co (Macerich Co) Business Description

Industry
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