Macerich Co (Macerich Co) Dividend Payout Ratio

: 0.66 (As of Dec. 2023)

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Macerich Co's dividend payout ratio for the months ended in Dec. 2023 was 0.66.

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

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.

MAC's Dividend Payout Ratio is not ranked ^*
in the REITs industry.
Industry Median: 1.015
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-16), the Dividend Yield % of Macerich Co is 4.32%.

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

Macerich Co's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Macerich Co's Dividend Payout Ratio 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 Payout Ratio

3.92

8.57

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 Payout Ratio																24.29	-	-	-	0.66

Competitive Comparison

For the REIT - Retail subindustry, Macerich Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution

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

* The bar in red indicates where Macerich Co's Dividend Payout Ratio falls into.

Macerich Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.68	/	-0.695
	=	N/A

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

Macerich Co (NYSE:MAC) Dividend Payout Ratio Explanation

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.

Macerich Co Dividend Payout Ratio Related Terms

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Macerich Co (Macerich Co) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

M6G:Germany

Address

401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401

Website

https://www.macerich.com

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