Macerich Announces Tax Treatment Of 2024 Dividends

Group 1 - The Macerich Company announced the tax treatment for dividend distributions taxable in 2024, with a total dividend of $0.68 per share for the year ended December 31, 2024 [1] - The dividend payments are classified into various categories, including ordinary dividends, qualified dividends, capital gain distributions, and nondividend distributions [1] - The company paid dividends on four separate dates in 2024, each at a rate of$0.17 per share, with specific amounts allocated to each tax category [1] Group 2 - Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT) focused on high-quality retail real estate in densely populated U.S. markets [2] - The company's portfolio includes 43 million square feet of real estate, primarily consisting of interests in 40 retail centers, concentrated in regions such as California and the Metro New York to Washington, D.C. corridor [2] - Macerich has achieved a 1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years from 2015 to 2024, highlighting its commitment to sustainability [2]