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Is Macerich a Buy?

TheMotleyFool

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If you're the type of investor who likes to tread where others are afraid to go because that's where some of the best deals can be found, well, you might be looking at mall real estate investment trusts (REITs) right about now. The mall sector has been deeply impacted by the coronavirus pandemic and there's no quick fix.

But you'll want to tread in this space carefully, and Macerich (NYSE: MAC) is a great example of why.

Macerich cut its dividend in 2020, but that's not odd. So did peers Simon Property Group and Tanger Factory Outlet Centers. However, there was a bit of a difference that could be important as a signal.

Source Fool.com

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