Macerich Dividends and Buybacks
Dividend criteria checks 3/6
Macerich is a dividend paying company with a current yield of 3.45% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 12th November, 2024.
Key information
3.4%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 3.0% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | €0.625 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: M6G's dividend payments have been volatile in the past 10 years.
Growing Dividend: M6G's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Macerich Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (M6G) | 3.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Retail REITs) | 5.5% |
| Analyst forecast (M6G) (up to 3 years) | 3.8% |
Notable Dividend: M6G's dividend (3.45%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: M6G's dividend (3.45%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), M6G's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.6%), M6G's dividend payments are covered by cash flows.