{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "c6d6755c-a5a6-451f-84a9-f1da6e1d674c",
    "symbol": "MAC",
    "name": "Macerich Company",
    "exchange": "NYSE",
    "country_code": "US",
    "country_name": "United States",
    "sector": "Real Estate",
    "industry": "Reit - Retail",
    "chart_url": "https://sharemaestro.com/terminal/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "c6d6755c-a5a6-451f-84a9-f1da6e1d674c",
      "symbol": "MAC",
      "name": "Macerich Company",
      "exchange": "NYSE",
      "country_code": "US",
      "country_name": "United States",
      "sector": "Real Estate",
      "industry": "Reit - Retail",
      "chart_url": "https://sharemaestro.com/terminal/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "MAC",
    "market_cap": 7506024448.0,
    "market_cap_usd": 6706691684.42,
    "price": 25.450001,
    "currency": "USD",
    "dividend_yield": 0.00667976,
    "dividend_years": 32,
    "dividend_growth_5y": -0.0997519,
    "dividend_cut_5y": true,
    "payout_ratio": 1.8889,
    "net_income": -197149000.0,
    "free_cash_flow": 321604000.0,
    "fcf_covers_dividend": true,
    "debt_to_equity": 1.98966,
    "revenue_growth_5y": 0.05252379,
    "net_margin": -0.17902,
    "roe": -0.07108,
    "pe_ratio": null,
    "price_vs_ma": 0.28738759,
    "return_3y": 1.74771259,
    "return_5y": 0.71190255,
    "max_drawdown": -0.6315138,
    "scores": {
      "dividend_reliability": 13.0,
      "dividend_sustainability": 11.5,
      "business_quality": 11.5,
      "valuation": 6.0,
      "trend": 12.0,
      "total": 54.0,
      "confidence": 96.0
    },
    "rating": "weak",
    "rating_label": "Weak Candidate",
    "decision": "reject",
    "decision_label": "Reject",
    "warnings": [
      "Dividend yield normalized from payment history because provider yield looked inconsistent.",
      "Dividend cut or material annual decrease detected in the last five completed years.",
      "Payout ratio is elevated at 188.9%."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/",
      "chart": "https://sharemaestro.com/terminal/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 13.0,
    "dividend_sustainability": 11.5,
    "business_quality": 11.5,
    "valuation": 6.0,
    "trend": 12.0,
    "total": 54.0,
    "confidence": 96.0
  },
  "warnings": [
    "Dividend yield normalized from payment history because provider yield looked inconsistent.",
    "Dividend cut or material annual decrease detected in the last five completed years.",
    "Payout ratio is elevated at 188.9%."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend review warning",
      "detail": "Payout ratio is elevated at 188.9%.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2026-03-16",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2025-12-15",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2025-09-09",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2025-06-03",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2025-03-04",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2024-11-12",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2024-08-19",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2024-05-17",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2024-02-15",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2023-11-08",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2023-08-17",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2023-05-18",
      "event_type": "payment",
      "severity": "info",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "MAC dividend payment 0.17 USD",
      "detail": "Recorded dividend payment for Macerich Company.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2022-11-08",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend increased 13.3%",
      "detail": "Payment changed from 0.15 to 0.17.",
      "amount": 0.17,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2020-08-18",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend increased 50.0%",
      "detail": "Payment changed from 0.1 to 0.15.",
      "amount": 0.15,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2020-04-21",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend cut -86.7%",
      "detail": "Payment changed from 0.75 to 0.1.",
      "amount": 0.1,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2016-02-17",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend cut -85.5%",
      "detail": "Payment changed from 4.68 to 0.68.",
      "amount": 0.68,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2015-11-09",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend increased 620.0%",
      "detail": "Payment changed from 0.65 to 4.68.",
      "amount": 4.68,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    },
    {
      "event_date": "2013-11-07",
      "event_type": "increase",
      "severity": "positive",
      "ticker": "MAC",
      "exchange": "NYSE",
      "headline": "Dividend increased 6.9%",
      "detail": "Payment changed from 0.58 to 0.62.",
      "amount": 0.62,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/"
    }
  ]
}