MAC Stock — The Macerich Company

The Macerich Company (MAC)

Updated October 16, 2026.

MAC is a Stock. its distribution rate is 2.96%, its trailing-12-month yield is 2.96%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Total return is 787.1% over the past 32.6 years, 2033.3 points behind SPY at 2820.4%.

Macerich is a self-managed REIT that owns, operates, and develops retail real estate across high-density U.S. markets, with a portfolio concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the corridor from Metro New York to Washington, D.C.; the company currently owns approximately 40 million square feet of real estate across roughly 38 retail centers. The REIT distributes quarterly at a modest current distribution rate. Macerich may appeal to income-focused investors seeking real estate exposure through a retail-focused operating REIT.

MAC performance versus SPY

Price and return data through 2026-10-16.

Total return is 787.1% over the past 32.6 years, 2033.3 points behind SPY at 2820.4%. Over the past year its total return — price change plus distributions reinvested — is 39.4%. Its deepest 1-year drawdown was 15.7%.

MAC key facts

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

2.84%

Asset type

Stock

Asset class

Equity

Inception date

03/10/1994

Distribution rate

2.96%

Distribution frequency

Quarterly

Trailing yield

2.96%

5-year average yield

4.16

Last close

$22.96 (as of 2026-10-16)

Market cap

$6,510,523,250

Average volume

4793051.0

Dividend

$0.17

Ex-dividend date

09/14/2026

Payment date

09/28/2026

Beta

2.1

Payout ratio

133.3%

Forward P/E

1428.5714

EPS

$-0.64

How Dividend Vision calculates yield and returns

Distribution rate (2.96%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.96%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MAC risks and drawbacks

MAC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.7%.

Who may consider MAC — and who may not

MAC may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MAC pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MAC

• All tickers starting with M

Tagged: Real Estate, Dividend.

Frequently asked questions