The Macerich Company (MAC) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
3-Second 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.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
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.
Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
The Macerich Company has limited earnings payout data (Unknown).
Piotroski F-Score: 3/9 — weak 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: 0.0% 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 81.4%, with dividends contributing 23.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $4,526 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 16, 2026Latest | $0.1700 | — | 3.32% | 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 |
| May 17, 2024 | $0.1700 | — | 4.38% | Jun 3, 2024 |
Dividend Peer Comparison
Peer group: Malls and Outlet Centers
Annual Dividend History
33 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.17 | — | 1 | — | — | — | 1.6% |
| 2025 | $0.68 | 0.0% | 4 | $-0.78 | — | — | 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% |
See MAC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MAC Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare MAC vs WELL
See how MAC stacks up against sector leader Welltower Inc..
Start ComparisonFrequently Asked Questions
How much dividend does MAC pay per share?
The Macerich Company (MAC) pays a trailing 12-month dividend of $0.85 per share, with a current dividend yield of N/A. Payments are made 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 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 N/A. 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 Annual. The trailing 12-month total is $0.85 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 $18,138 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 N/A market yield, thanks to the lower original cost basis.