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

Macy's logo
$13.62 +0.27 (+1.98%)
Closing price 08/27/2025 03:59 PM Eastern
Extended Trading
$13.64 +0.02 (+0.15%)
As of 09:03 AM Eastern
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Macy's Dividend Summary

Dividend Yield
5.36%
Annual Dividend
$0.73
Next
Dividend Payment
Oct. 1
Dividend Increase
Track Record
4 Years
Dividend Payout Ratio
37.06%

Macy's (M) pays an annual dividend of $0.73 per share, with a dividend yield of 5.36%. The next quarterly payment of $0.1824 per share is scheduled for Wednesday, October 1, to investors who own the stock before the ex-dividend date of Monday, September 15. The company currently pays out 37.06% of its earnings and 12.16% of its cash flow as dividends.

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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$0.73$0.03$1.59
Dividend Yield5.36%172.59%3.53%
Annualized 3-Year Dividend Growth0.00%0.00%0.00%
Track Record4 years11 years11 years

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 Earnings37.06%
Based on This Year's Estimate30.54%
Based on Next Year's Estimate29.92%
Based on Cashflow12.16%

Macy's Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
8/22/2025quarterly$0.1824 - 5.37%9/15/20259/15/202510/1/2025
5/16/2025quarterly$0.1824 - 5.98%6/13/20256/13/20257/1/2025
2/28/2025quarterly$0.1824+$0.0087
5.01%
5.16%3/14/20253/14/20254/1/2025
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
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

This table shows Macy's' quarterly dividend 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 5.36%. Learn more on M's dividend yield history.

The annual dividend for M shares is $0.73. Learn more on M's annual dividend history.

Macy's pays quarterly dividends to shareholders.

Macy's' next quarterly dividend payment of $0.1824 per share will be made to shareholders on Wednesday, October 1, 2025.

Macy's' most recent quarterly dividend payment of $0.1824 per share was made to shareholders on Tuesday, July 1, 2025.

Macy's' next ex-dividend date is Monday, September 15, 2025.

Macy's' most recent ex-dividend date was Friday, June 13, 2025.

Macy's has increased its dividend for the past 4 consecutive years.

The most recent change in the company's dividend was an increase of $0.0087 on Friday, February 28, 2025.

The dividend payout ratio for M is:
  • 37.06% based on the trailing year of earnings
  • 30.54% based on this year's estimates
  • 29.92% based on next year's estimates
  • 12.16% based on cash flow

Macy's' dividend yield of 5.50% is lower than the average Retail/Wholesale company that issues a dividend. The company's 4 consecutive years of dividend growth are not enough to demonstrate a strong track record of dividend growth yet. Macy's' dividend payout ratio of 37.06% is at a healthy, sustainable level, below 75% of its earnings.

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 8/28/2025 by MarketBeat.com Staff
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