Macerich Declares Quarterly Dividend
SANTA MONICA, Calif., April 27, 2012 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.55 per share of common stock. The dividend is payable on June 8, 2012 to stockholders of record at the close of business on May 10, 2012.
Macerich is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich now owns approximately 65 million square feet of gross leaseable area consisting primarily of interests in 64 regional shopping centers. Additional information about Macerich can be obtained from the Company's website at www.macerich.com.
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