Open terminal and run the following command:
diskutil list

sudo dd if=/dev/disk4 of=~/Desktop/clone.dmg
System will ask for User password. Enter it at prompt then Return
Transfer Process will take some time depending on the size of the card to clone. After completion, the file clone.dmg will be available on the Desktop.
To create the clone, insert a blank SD Card into the SD Card Reader of the Mac. Then locate the card:
diskutil list
Unmount the card
diskutil unmountDisk /dev/disk4
Format the SD Card
sudo newfs_msdos -F 16 /dev/disk4
System will ask for the User Password. Enter it at prompt then Return.
Restore the cloned image to the SD Card
sudo dd if=~/Desktop/clone.dmg of=/dev/disk4
Once again, this might take some time. Once completed, the SD Card can be re-used in a Raspberry Pi, identically to the cloned image.