|Bid||10.98 x 800|
|Ask||11.10 x 1300|
|Day's Range||10.25 - 11.32|
|52 Week Range||4.81 - 27.65|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.60 (5.95%)|
|Ex-Dividend Date||Nov 06, 2020|
|1y Target Est||N/A|
NEW YORK, NY / ACCESSWIRE / November 5, 2020 / Macerich Co.
The Macerich Company (NYSE: MAC, the "Company") today announced results of operations for the quarter ended September 30, 2020, which included net loss attributable to the Company of $22.2 million or $0.15 per share-diluted for the quarter ended September 30, 2020 compared to net income of $46.4 million or $0.33 per share-diluted attributable to the Company for the quarter ended September 30, 2019. For the third quarter 2020, funds from operations ("FFO")-diluted, excluding financing expense in connection with Chandler Freehold was $83.4 million or $0.52 per share-diluted compared to $133.2 million or $0.88 per share-diluted for the quarter ended September 30, 2019. A description and reconciliation of earnings per share ("EPS")-diluted to FFO per share-diluted, excluding financing expense in connection with Chandler Freehold and loss on extinguishment of debt is included within the financial tables accompanying this press release.
The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.15 per share of common stock. The dividend is payable on December 3, 2020 to stockholders of record at the close of business on November 9, 2020.