Trailing Dividend / Share
$0.68
The Macerich Company (MAC) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.9%
Payout Ratio
N/A
Unknown
Dividend Streak
0 years
MAC Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 6.4% and trend is falling.
MAC Dividend Scorecard
Yield & Income
Dividend Yield2.9%
Trailing DPS$0.68
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout59.8%
FCF SafetyAdequate
Piotroski F-Score4/9
Growth
Growth Streak0 years
3Y CAGR3.1%
5Y CAGR-10.0%
Yield on Cost (5Y)6.4%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.9%
1Y Total Return51.5%
5Y Total Return56.9%
Div Contribution (5Y)19.2%
Estimated $10K growth (return + dividends):
5Y ago$15,69110Y ago$4,78720Y ago$9,376
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). MAC's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
MAC Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
MAC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
The Macerich Company has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 59.8%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
MAC does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 3.1% and 5-year CAGR of -10.0%.
Total Shareholder Returns
Beyond cash dividends, MAC returns capital through share repurchases. The combined picture: 2.9% dividend yield, 2.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.4% and is currently falling. The 5-year total return is 56.9%, with dividends contributing 19.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $4,787 today.
MAC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.30
Avg/Payment$0.1650
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.1700 | — | 2.71% | Jun 29, 2026 |
| Mar 16, 2026 | $0.1700 | — | 3.59% | Mar 30, 2026 |
| Dec 15, 2025 | $0.1700 | — | 3.66% | Dec 29, 2025 |
| Sep 9, 2025 | $0.1700 | — | 3.76% | Sep 23, 2025 |
| Jun 3, 2025 | $0.1700 | — | 4.30% | Jun 17, 2025 |
| Mar 4, 2025 | $0.1700 | — | 3.82% | Mar 18, 2025 |
| Nov 12, 2024 | $0.1700 | — | 3.51% | Dec 2, 2024 |
| Aug 19, 2024 | $0.1700 | — | 4.58% | Sep 9, 2024 |
MAC Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
2.9%
#7 of 7
Safety
Unknown
— payout
Streak
0Y
-10.0% 5Y CAGR
Total Shareholder
2.9%
#7 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MACThe Macerich Company | $6.1B | 2.9% | — | 0 | Unknown |
 SPGSimon Property Group… | $68.6B | 4.1% | 60.5% | 4 | Watch |
2nd  CBLCBL & Associates Pro… | $1.5B | 5.3% | 56.7% | 4 | Sustainable |
3rd  KIMKimco Realty Corpora… | $16.4B | 4.3% | 1.2% | 2 | Sustainable |
 REGRegency Centers Corp… | $14.1B | 3.7% | 97.0% | 12 | At Risk |
 AKRAcadia Realty Trust | $2.8B | 3.7% | 7.5% | 2 | Sustainable |
1st  SUISun Communities, Inc… | $14.6B | 7.1% | 76.0% | 9 | Watch |
MAC Annual Dividend History (1994–2026)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.34 | — | 2 | — | — | — | 3.2% |
| 2025 | $0.68 | 0.0% | 4 | $-0.77 | — | — | 6.4% |
| 2024 | $0.68 | 0.0% | 4 | $-0.78 | — | — | 6.4% |
| 2023 | $0.68 | 9.7% | 4 | $-1.28 | — | — | 6.4% |
| 2022 | $0.62 | 3.3% | 4 | $-0.31 | — | — | 5.8% |
| 2021 | $0.60 | -47.8% | 4 | $0.07 | 886.3% | 0.11x | 5.6% |
| 2020 | $1.15 | -61.7% | 4 | $-1.58 | — | — | 10.8% |
| 2019 | $3.00 | 1.0% | 4 | $0.68 | 441.2% | 0.23x | 28.1% |
| 2018 | $2.97 | 3.5% | 4 | $0.43 | 690.7% | 0.14x | 27.9% |
| 2017 | $2.87 | 4.4% | 4 | $1.04 | 276.0% | 0.36x | 26.9% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
32+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MAC — Frequently Asked Questions
Quick answers to the most common questions about buying MAC stock.
How much dividend does MAC pay per share?
The Macerich Company (MAC) pays a trailing 12-month dividend of $0.68 per share, with a current dividend yield of +2.9%. Payments are made Semi-Annual.
When is MAC's next ex-dividend date?
MAC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MAC typically pays dividends Semi-Annual.
Is MAC's dividend safe?
MAC's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +59.8%. The dividend history does not yet show a prolonged growth streak.
How many years has MAC increased its dividend?
MAC has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -10.0%.
How often does MAC pay dividends?
The Macerich Company pays dividends Semi-Annual. The trailing 12-month total is $0.68 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in MAC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MAC five years ago would be worth approximately $15,691 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MAC's yield on cost for long-term holders?
MAC's yield on cost — the current dividend divided by the original purchase price — is +6.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.9% market yield, thanks to the lower original cost basis.