Macerich Company (MAC) Ex-Dividend Date Scheduled for November 07, 2013


Macerich Company ( MAC ) will begin trading ex-dividend on November 07, 2013. A cash dividend payment of $0.62 per share is scheduled to be paid on December 06, 2013. Shareholders who purchased MAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.9% increase over the prior quarter. At the current stock price of $58.85, the dividend yield is 4.21%.

The previous trading day's last sale of MAC was $58.85, representing a -18.48% decrease from the 52 week high of $72.19 and a 8.34% 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 $3.24. Zacks Investment Research reports MAC's forecasted earnings growth in 2013 as -12.47%, compared to an industry average of 6%.

For more information on the declaration, record and payment dates, visit the MAC Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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 ).

The top-performing ETF of this group is RTL with an decrease of -3.42% over the last 100 days. It also has the highest percent weighting of MAC at 5.02%.

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

This article appears in: News Headlines , Stocks

Referenced Stocks: AMT , MAC , RTL , SPG News News

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