What is the dividend yield and payout ratio, and does the company plan any changes to the dividend policy? | MAC (Aug 11, 2025) | Candlesense
MAC

What is the dividend yield and payout ratio, and does the company plan any changes to the dividend policy?

Dividend Yield & Payout Ratio

The second‑quarter 2025 press release from Macerich (NYSE: MAC) does not disclose any dividend figures, so the current dividend yield and payout ratio cannot be derived from the information provided. However, as a REIT, Macerich is required to distribute at least 90 % of its taxable earnings to shareholders, which typically translates into a payout ratio in the high‑80s to low‑90s % range. The most recent dividend data can be confirmed on the Investor‑Relations page or in the company’s Form 10‑K/10‑Q filings.

Planned Changes to Dividend Policy

The release contains no statement about a modification to the dividend policy, nor any indication that the board intends to suspend, increase, or otherwise adjust the regular quarterly payout. Until a formal announcement is made—usually via a press release, a 8‑K filing, or a dividend notice—the default assumption is that Macerich will continue to follow the standard REIT distribution model.

Trading Implications

Given the lack of new dividend information, the dividend‑yield component should not materially affect the stock’s valuation at this time. Traders should focus on the core earnings results, occupancy trends, and same‑store performance highlighted in the quarter’s earnings call. If the company’s cash‑flow remains strong and the payout ratio stays near the REIT‑required 90 %, the dividend can still serve as a modest support level for the share price, especially in a risk‑off environment where REIT yields attract yield‑seeking investors. Until an official dividend update is released, maintain a neutral stance on dividend‑related price moves and monitor upcoming SEC filings for any policy changes.

Other Questions About This News

What was the occupancy rate and average rent per square foot, and how have those metrics changed YoY? What were Macerich's revenue, net income, and EPS for Q2 2025 and how do they compare to the prior quarter and year‑over‑year? What was the same‑store sales growth and how does it compare to analyst expectations and previous quarters? Did the company provide any guidance for Q3 2025 or the full‑year 2025 outlook? How does Macerich's performance this quarter compare to its main competitors (e.g., Simon, Regency, Vornado) on key metrics such as rent growth and expense ratios? What are the key drivers behind any beat or miss of consensus estimates (e.g., tenant mix, lease renewals, new openings, or closures)? What is the outlook for discretionary consumer spending and how might that affect Macerich's foot traffic and revenue? Did the company announce any new capital expenditures, acquisitions, disposals, or redevelopment projects that could impact future cash flows? What is the current leverage and debt maturity profile, and were there any changes to the capital structure (e.g., share repurchases, dividend changes, or debt refinancing)? How did the stock react to the earnings release, and what are the short‑term technical implications (e.g., support/resistance levels)? Are there any regulatory or macro‑economic factors (e.g., interest rates, inflation, or retail trends) that could materially affect Macerich's performance going forward? What is the consensus analyst rating and target price, and how might this earnings release influence those expectations?