Macerich Dividend
Dividend criteria checks 4/6
Macerich is a dividend paying company with a current yield of 4.76% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
4.8%
Dividend yield
36%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 17 May 24 |
Dividend per share | n/a |
Earnings per share | -US$1.59 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Macerich: Increased Headwinds And Higher Valuation Reduce Investment Appeal (Rating Downgrade)
May 01Macerich: Recovery Takes Hold But Balance Sheet Remains A Risk
Dec 01Macerich: U.S. Malls Are Not Dying
Sep 20Macerich: Downgrading To Hold After Q2 Results
Aug 10Macerich: 6% Dividend Yield, Tangible Book Value A Concern
Jun 30Simon Property Vs. Macerich: What's The Best Mall REIT To Buy Today?
Jun 02Macerich: This Mall REIT Is Hard To Ignore Because Of Its Fat Dividend Yield
Feb 22Macerich: Cheap For A Reason
Feb 15Macerich Q4 2022 Earnings Preview
Feb 06Macerich declares $0.17 dividend
Jan 27Macerich's Investor Day Highlights: Reinventing The Mall
Dec 11Macerich: Now A Dividend Growth Stock
Nov 05Macerich raises dividend by 13.3% to $0.17/share
Oct 28Macerich Stock: This Is Getting Ridiculous
Sep 30Macerich May Be The Greatest REIT Opportunity
Aug 26Macerich: Incredibly Cheap Despite The Clear Recovery Trend
Aug 14Very Good News For Macerich
Jul 28Macerich declares $0.15 dividend
Jul 20Why Simon Property Group Is A Better Buy Than Macerich
Jul 07I Remain Cautiously Optimistic On Macerich
May 24Is Macerich Company A Value Trap?
May 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAC's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Macerich Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MAC) | 4.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Retail REITs) | 5.2% |
Analyst forecast in 3 Years (MAC) | 5.3% |
Notable Dividend: MAC's dividend (4.76%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: MAC's dividend (4.76%) is in the top 25% of dividend payers in the US market (4.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), MAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.1%), MAC's dividend payments are covered by cash flows.