Macerich Dividends and Buybacks

Dividend criteria checks 3/6

Macerich is a dividend paying company with a current yield of 3.38% 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 Yield3.3%
Future Dividend Yield3.7%
Dividend Growth3.0%
Next dividend pay date02 Dec 24
Ex dividend date12 Nov 24
Dividend per shareUS$0.680
Payout ratio40%

Recent dividend and buyback updates

Recent updates

Macerich: Old Retail Is Fading

Oct 16

Macerich: Probability Of Better Dividends Is Weak

Aug 01

Macerich: Increased Headwinds And Higher Valuation Reduce Investment Appeal (Rating Downgrade)

May 01

Macerich: Recovery Takes Hold But Balance Sheet Remains A Risk

Dec 01

Macerich: U.S. Malls Are Not Dying

Sep 20

Macerich: Downgrading To Hold After Q2 Results

Aug 10

Macerich: 6% Dividend Yield, Tangible Book Value A Concern

Jun 30

Simon Property Vs. Macerich: What's The Best Mall REIT To Buy Today?

Jun 02

Macerich: This Mall REIT Is Hard To Ignore Because Of Its Fat Dividend Yield

Feb 22

Macerich: Cheap For A Reason

Feb 15

Macerich Q4 2022 Earnings Preview

Feb 06

Macerich declares $0.17 dividend

Jan 27

Macerich's Investor Day Highlights: Reinventing The Mall

Dec 11

Macerich: Now A Dividend Growth Stock

Nov 05

Macerich raises dividend by 13.3% to $0.17/share

Oct 28

Macerich Stock: This Is Getting Ridiculous

Sep 30

Macerich May Be The Greatest REIT Opportunity

Aug 26

Macerich: Incredibly Cheap Despite The Clear Recovery Trend

Aug 14

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
How does MAC dividend yield compare to the market?
SegmentDividend Yield
Company (MAC)3.4%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.3%
Industry Average (Retail REITs)4.6%
Analyst forecast (MAC) (up to 3 years)3.7%

Notable Dividend: MAC's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MAC's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.3%), MAC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (57.6%), MAC's dividend payments are covered by cash flows.


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