Results for Shareholders
As a leading REIT, Mack-Cali strives to provide its investors with stability and strong returns. We increased our annualized dividend to common shareholders from $2.52 to $2.56, and at year-end our stock produced a yield of 5.0 percent. Total return on investment since our initial public offering stood at more than 602 percent, above the total return for that period for both the S&P and the NAREIT Equity Index.
New Platforms for Growth Going forward, Mack-Cali will continue to focus on growing our class A office portfolio in our core regions, attracting and retaining a high-quality tenant base, providing excellent property  management services, and working to create value for its shareholders. In addition, we look forward to pursuing new opportunities for growth from our vast reach of industry and corporate relationships.
We are grateful for the confidence of our investors, the hard work of our employees, the loyalty of our tenants and the support of the brokerage community. Each group is critical in helping us achieve our goals. We thank you for your interest in Mack-Cali and look forward to sharing our success with you in the future.
Sincerely,
Mitchell E. Hersh
President and Chief Executive Officer |
MackCali 
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