NYSE:MAC   Macerich Company (The)
Macerich is a real estate investment trust that invests in shopping malls . It is the third largest owner and operator of shopping centers in the United States. As of December 31, 2017, the company owned interests in 55 properties, including 53 million square feet of leasable space.
Dividend yield-9%! Macerich tops the list as one of the highest-yielding companies in the S&P 500. The pricing policy on dividends is determined by the tax benefits that the company receives.
For the last three quarters, the company has surpassed profitability estimates and we should not forget that commercial real estate is still a full-fledged asset that the company owns.

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