Macerich Company (MAC) Ex-Dividend Date Scheduled for February 20, 2013


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Macerich Company ( MAC ) will begin trading ex-dividend on February 20, 2013. A cash dividend payment of $0.58 per share is scheduled to be paid on March 08, 2013. Shareholders who purchased MAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.45% increase over the same period a year ago.

The previous trading day's last sale of MAC was $61.62, representing a -1.93% decrease from the 52 week high of $62.83 and a 15.87% increase over the 52 week low of $53.18.

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 $2.49. Zacks Investment Research reports MAC's forecasted earnings growth in 2013 as -15.48%, compared to an industry average of 2.8%.

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 FTSE NAREIT Retail Index Fund ( RTL )
  • PowerShares Active U.S. Real Estate Fund ( PSR )
  • iShares S&P MidCap 400/Barra Value Index Fund ( IJJ )
  • Vanguard S&P Mid-Cap 400 ETF ( IVOO )
  • iShares S&P MidCap 400 Index Fund ( IJH ).

The top-performing ETF of this group is IJJ with an increase of 11.21% over the last 100 days. RTL has the highest percent weighting of MAC at 7.04%.

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

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