Company: Macerich Company (MAC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with three power centers and seven other real estate assets. The company’s total portfolio has 46.3 million square feet of gross leasable area and averaged $836 sales per square foot over the 12 months ended in December 2023. -Morningstar.com-
Symbol: MAC
Recent Price: $14.84
Dividends: $0.68
Yield: 4.58%
Sector: Real Estate
Industry: REIT-Retail
Address & Company Phone #: 401 Wilshire Blvd Ste. 700 Santa Monica CA 90401, 310-394-6000
Transfer Agent: Computershare 800-567-0169
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Every 7 days beginning varies
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail or Phone for $15+12¢/sh.
52 Week High & Low: $17.69, $8.77