Macerich Company (MAC) Ex-Dividend Date Scheduled for August 16, 2013


Shutterstock photo

Macerich Company ( MAC ) will begin trading ex-dividend on August 16, 2013. A cash dividend payment of $0.58 per share is scheduled to be paid on September 06, 2013. Shareholders who purchased MAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MAC has paid the same dividend. At the current stock price of $59.98, the dividend yield is 3.87%.

The previous trading day's last sale of MAC was $59.98, representing a -16.91% decrease from the 52 week high of $72.19 and a 10.42% increase over the 52 week low of $54.32.

MAC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). MAC's current earnings per share, an indicator of a company's profitability, is $3.3. Zacks Investment Research reports MAC's forecasted earnings growth in 2013 as -13.33%, compared to an industry average of 5.8%.

For more information on the declaration, record and payment dates, visit the MAC Dividend History page.

Interested in gaining exposure to MAC through an Exchange Traded Fund [ETF]?
The following ETF(s) have MAC as a top-10 holding:

  • iShares Retail Real Estate Cappd ETF ( RTL )
  • Vanguard S&P Mid-Cap 400 ETF ( IVOO ).

The top-performing ETF of this group is IVOO with an increase of 8.64% over the last 100 days. RTL has the highest percent weighting of MAC at 4.66%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: AMT , IVOO , MAC , RTL , SPG

More from News

Subscribe News
Contributor: News

Market News
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by