PR Newswire | Jul 30, 2021 07:01AM EDT

07/30 06:00 CDT

Macerich Declares The Quarterly Dividend On Its Common Shares SANTA MONICA, Calif., July 30, 2021

SANTA MONICA, Calif., July 30, 2021 /PRNewswire/ -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.15 per share of common stock. The dividend is payable on September 8, 2021 to stockholders of record at the close of business on August 19, 2021.

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 50 million square feet of real estate consisting primarily of interests in 46 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast, and in Arizona and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for six straight years (2015 - 2020). Additional information about Macerich can be obtained from the Company's website at www.Macerich.com.

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SOURCE Macerich Company