MAC Macerich dividend history, payout ratio & dates
Macerich's last dividend payment of $0.17 per share was made to shareholders on record before Nov 12, 2024. The dividend payment stands at $0.68 per share annually, which equates to a dividend yield of 3.36%.
Key dates
- MAC last dividend date: Nov 12, 2024
MAC dividend stats
vs. Real Estate sector
Dividend yield
Macerich's dividend yield of 3.36% is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.31%, Macerich's dividend yield is 47% lower. The current dividend yield is less than the historical average of 9.0% of the last 5 years.
Dividend history
Macerich has been paying dividends for the last 30 years. According to our records MAC has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 31% from a year ago, the dividend yield marks a decrease of 24%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 12, 2024 | $0.17 | 3.51% |
| Aug 19, 2024 | $0.17 | 4.58% |
| May 17, 2024 | $0.17 | 4.38% |
| Feb 15, 2024 | $0.17 | 3.89% |
| Nov 8, 2023 | $0.17 | 6.65% |
| Aug 17, 2023 | $0.17 | 5.91% |
| May 18, 2023 | $0.17 | 7.1% |
| Feb 16, 2023 | $0.17 | 4.98% |
| Nov 8, 2022 | $0.17 | 5.27% |
| Aug 18, 2022 | $0.15 | 5.35% |
| May 19, 2022 | $0.15 | 5.07% |
| Feb 17, 2022 | $0.15 | 3.77% |
| Nov 8, 2021 | $0.15 | 2.76% |
| Aug 18, 2021 | $0.15 | 3.87% |
| May 6, 2021 | $0.15 | 4.45% |
| Feb 18, 2021 | $0.15 | 4.42% |
| Nov 6, 2020 | $0.15 | 16.62% |
| Aug 18, 2020 | $0.15 | 22.67% |
| Apr 21, 2020 | $0.1 | 51.5% |
| Feb 20, 2020 | $0.75 | 12.8% |
| Nov 7, 2019 | $0.75 | 10.53% |
| Aug 16, 2019 | $0.75 | 10.24% |
| May 7, 2019 | $0.75 | 7.38% |
| Feb 20, 2019 | $0.75 | 6.85% |
| Nov 8, 2018 | $0.75 | 5.86% |
| Aug 16, 2018 | $0.74 | 5.17% |
| May 7, 2018 | $0.74 | 5% |
| Feb 20, 2018 | $0.74 | 4.88% |
| Nov 9, 2017 | $0.74 | 4.6% |
| Aug 16, 2017 | $0.71 | 5.18% |
| May 3, 2017 | $0.71 | 4.53% |
| Feb 16, 2017 | $0.71 | 4.16% |
| Nov 8, 2016 | $0.71 | 4.02% |
| Aug 17, 2016 | $0.68 | 4.86% |
| May 3, 2016 | $0.68 | 5.21% |
| Feb 17, 2016 | $0.68 | 5.25% |
| Nov 9, 2015 | $2 | 5.08% |
| Aug 18, 2015 | $0.65 | 3.21% |
| May 6, 2015 | $0.65 | 3.18% |
| Feb 18, 2015 | $0.65 | 2.97% |
Macerich dividend payout ratio
Payout ratio
Macerich's payout ratio of 194.3% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 126.2%, Macerich's payout ratio is 54% higher.
Total amount of dividends paid per financial year (from cash flow)
MAC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DDS Dillard'S Inc | 5.93% | $25.75 | 66.4% |
| MAC Macerich Co | 3.36% | $0.68 | 194.3% |
| HD Home Depot Inc | 2.29% | $9 | 60.9% |
| LOW Lowes Companies Inc | 1.82% | $4.5 | 37.4% |
| FL Foot Locker Inc | N/A | N/A | N/A |
Frequently asked questions
Does Macerich pay a dividend?
Yes, Macerich has been paying dividends for the last 30 years.
When was MAC's last dividend?
Macerich's last dividend ex-date was on Nov 12, 2024. The dividend amount was $0.17 per share.
How much dividend does Macerich pay (per share)?
MAC's annualized dividend per share is $0.68.
What is Macerich's dividend yield?
The current dividend yield of Macerich is 3.36%.
How often does Macerich pay dividends?
Macerich pays four dividends per year.
What is Macerich's dividend payout ratio?
The dividend payout ratio of Macerich is 194.3%.
Does Macerich pay a good dividend?
Macerich's dividend yield is less than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.