Free Trial

Macy's (M) Dividend Yield, Date & History

Macy's logo
$16.24 +0.39 (+2.46%)
(As of 12/20/2024 05:31 PM ET)

Macy's Dividend Summary

Dividend Yield
4.25%
Annual Dividend
$0.69
Next
Dividend Payment
Jan. 2
Annualized 3-Year
Dividend Growth
20.57%
Dividend Payout Ratio
116.95%

Macy's (M) pays an annual dividend of $0.69 per share, with a dividend yield of 4.25%. The next quarterly payment of $0.1737 per share is scheduled for Thursday, January 2, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 116.95% of its earnings and 10.28% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

M Dividend Payments by Quarter

The chart below displays up to four years of Macy's' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

M Dividend Yield Over Time

The chart below tracks Macy's' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Macy's vs. The Competition

Compare Macy's' annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeMacy'sRetail CompaniesNYSE Companies
Annual Dividend$0.69$0.03$1.39
Dividend Yield4.25%167.12%3.62%
Annualized 3-Year Dividend Growth20.57%27.48%15.78%

Macy's Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings116.95%
Based on This Year's Estimate28.99%
Based on Next Year's Estimate26.34%
Based on Cashflow10.28%

Macy's Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/25/2024quarterly$0.1737 - 4.51%12/13/202412/13/20241/2/2025
8/23/2024quarterly$0.1737 - 4.37%9/13/20249/13/202410/1/2024
5/16/2024quarterly$0.1737 - 3.54%6/14/20246/14/20247/1/2024
URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)

Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.

2/23/2024quarterly$0.1737+$0.0083
5.02%
3.55%3/14/20243/15/20244/1/2024
10/27/2023quarterly$0.1654 - 5.66%12/14/202312/15/20231/2/2024
8/25/2023quarterly$0.1654+$0.0004
0.24%
5.48%9/14/20239/15/202310/2/2023
5/31/2023Quarterly$0.1650-$0.0004
0.24%
4.8%6/14/20236/15/20237/3/2023
2/24/2023quarterly$0.1654+$0.0079
5.02%
3.22%3/14/20233/15/20234/3/2023

This table shows Macy's' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Macy's Dividend - Frequently Asked Questions

The current dividend yield for Macy's is 4.25%. Learn more on M's dividend yield history.

The annual dividend for M shares is $0.69. Learn more on M's annual dividend history.

Macy's pays quarterly dividends to shareholders.

Macy's's next quarterly dividend payment of $0.1737 per share will be made to shareholders on Thursday, January 2, 2025.

Macy's's most recent quarterly dividend payment of $0.1737 per share was made to shareholders on Tuesday, October 1, 2024.

Macy's's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 20.57% per year.

The most recent change in the company's dividend was an increase of $0.0083 on Friday, February 23, 2024.

The dividend payout ratio for M is:
  • 116.95% based on the trailing year of earnings
  • 28.99% based on this year's estimates
  • 26.34% based on next year's estimates
  • 10.28% based on cash flow

Macy's' dividend yield of 4.15% is lower than the average Retail/Wholesale company that issues a dividend. Macy's' dividend payout ratio of 116.95% may not be sustainable. However, based on earnings estimates, M will have a more sustainable dividend payout ratio of 26.34% next year.

Looking at the stock as a whole, market analysts rate Macy's stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:M) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners