MAC Dividend History & Yield

The Macerich Company · NYSE

Stock Real Estate Quarterly payer REIT
$23.58
+1.46% today
as of Sep 8, 2026
TTM yield
2.88%
$0.68/share over the last 12 months
Forward yield
2.88%
$0.68/share indicated annual rate
Annual dividend
$0.68
per share, forward
Per payment
$0.17
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 14, 2026 Declared
in 6 days
Next pay date
Sep 28, 2026
in 20 days
Last ex-dividend date
Jun 15, 2026
$0.17 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
7.0B
P/E n/a
5y dividend CAGR
+2.5%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
32.3
since May 6, 1994
1y total return
+31.8%
price +28.2% + dividends 3.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Sep 14, 2026 (in 6 days) Sep 28, 2026 $0.17 $17.00 Declared
Tue, Dec 15, 2026 (in 98 days) Dec 29, 2026 $0.17 $17.00 Estimated
Wed, Mar 17, 2027 (in 190 days) Mar 31, 2027 $0.17 $17.00 Estimated
Thu, Jun 17, 2027 (in 282 days) Jul 1, 2027 $0.17 $17.00 Estimated

Estimated dates and amounts are projected from MAC's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.68 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Aug 17, 2016 to Jun 15, 2026; most recent $0.17$0.00$0.40$0.80Aug 17, 2016: $0.68Aug '16Nov 8, 2016: $0.71Feb 16, 2017: $0.71May 3, 2017: $0.71Aug 16, 2017: $0.71Nov 9, 2017: $0.74Nov '17Feb 20, 2018: $0.74May 7, 2018: $0.74Aug 16, 2018: $0.74Nov 8, 2018: $0.75Feb 20, 2019: $0.75Feb '19May 7, 2019: $0.75Aug 16, 2019: $0.75Nov 7, 2019: $0.75Feb 20, 2020: $0.75Apr 21, 2020: $0.10Apr '20Aug 18, 2020: $0.15Nov 6, 2020: $0.15Feb 18, 2021: $0.15May 6, 2021: $0.15Aug 18, 2021: $0.15Aug '21Nov 8, 2021: $0.15Feb 17, 2022: $0.15May 19, 2022: $0.15Aug 18, 2022: $0.15Nov 8, 2022: $0.17Nov '22Feb 16, 2023: $0.17May 18, 2023: $0.17Aug 17, 2023: $0.17Nov 8, 2023: $0.17Feb 15, 2024: $0.17Feb '24May 17, 2024: $0.17Aug 19, 2024: $0.17Nov 12, 2024: $0.17Mar 4, 2025: $0.17Jun 3, 2025: $0.17Jun '25Sep 9, 2025: $0.17Dec 15, 2025: $0.17Mar 16, 2026: $0.17Jun 15, 2026: $0.17

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $2.87$2.8720172018: $2.97$2.9720182019: $3.00$3.0020192020: $1.15$1.1520202021: $0.60$0.6020212022: $0.62$0.6220222023: $0.68$0.6820232024: $0.68$0.6820242025: $0.68$0.6820252026 (YTD): $0.34$0.342026 YTD

How much MAC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,765$41,612$1,200
$500 / month8,824$208,059$6,000
$1,000 / month17,648$416,118$12,000

Based on the forward yield of 2.88%. $10,000 in MAC would currently pay about $288 a year ($24 a month on average). Model reinvestment and growth →

MAC dividend history

Show all 129 payments
Ex-datePay dateAmountChange
Jun 15, 2026 $0.17 +0.0%
Mar 16, 2026 $0.17 +0.0%
Dec 15, 2025 $0.17 +0.0%
Sep 9, 2025 $0.17 +0.0%
Jun 3, 2025 $0.17 +0.0%
Mar 4, 2025 $0.17 +0.0%
Nov 12, 2024 $0.17 +0.0%
Aug 19, 2024 $0.17 +0.0%
May 17, 2024 $0.17 +0.0%
Feb 15, 2024 $0.17 +0.0%
Nov 8, 2023 $0.17 +0.0%
Aug 17, 2023 $0.17 +0.0%
May 18, 2023 $0.17 +0.0%
Feb 16, 2023 $0.17 +0.0%
Nov 8, 2022 $0.17 +13.3%
Aug 18, 2022 $0.15 +0.0%
May 19, 2022 $0.15 +0.0%
Feb 17, 2022 $0.15 +0.0%
Nov 8, 2021 $0.15 +0.0%
Aug 18, 2021 $0.15 +0.0%
May 6, 2021 $0.15 +0.0%
Feb 18, 2021 $0.15 +0.0%
Nov 6, 2020 $0.15 +0.0%
Aug 18, 2020 $0.15 +50.0%

Payout risk check

Yield-trap heuristicLow risk

MAC scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About The Macerich Company

The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 40 million square feet of real estate, consisting primarily of interests in 38 retail centers. The Macerich Company was incorporated in 1964 in Maryland and is based in Santa Monica, California.

Sector: Real Estate. Industry: REIT - Retail. First dividend on our records: May 6, 1994. 129 payments tracked.

MAC dividend FAQ

When is MAC's next ex-dividend date?

MAC's next ex-dividend date is Sep 14, 2026 (in 6 days, declared by the company). You must own the shares before that date to receive the payment of about $0.17 per share, expected on Sep 28, 2026.

How often does MAC pay dividends?

MAC pays dividends every quarter, 4 times a year. The most recent payment was $0.17 per share with an ex-date of Jun 15, 2026.

What is MAC's dividend yield?

MAC's trailing 12-month dividend yield is 2.88%, based on $0.68 per share paid over the last year and a share price of $23.58. The forward yield, using the indicated annual rate of $0.68 per share, is 2.88%.

How much does MAC pay per share?

MAC pays about $0.17 per share each quarter, which works out to roughly $0.68 per share a year. 100 shares would collect about $68.00 a year.

Has MAC grown or cut its dividend?

Over the last 5 years the regular payout has grown at 2.5% a year (+33.3% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of MAC do I need to earn $100 a month?

At the current forward yield of 2.88%, you would need about 1,765 shares of MAC (roughly $41,612 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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