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

Macy's logo
$12.10 +0.08 (+0.67%)
As of 05/20/2025 03:58 PM Eastern

Macy's Dividend Summary

Dividend Yield
6.03%
Annual Dividend
$0.73
Next
Dividend Payment
Jul. 1
Dividend Increase
Track Record
4 Years
Annualized 3-Year
Dividend Growth
32.31%
Dividend Payout Ratio
35.44%

Macy's (M) pays an annual dividend of $0.73 per share, with a dividend yield of 6.03%. The next quarterly payment of $0.1824 per share is scheduled for Tuesday, July 1, to investors who own the stock before the ex-dividend date of Friday, June 13. M has grown its dividend for 4 consecutive years, with an average annual increase of 9.78%. The company currently pays out 35.44% of its earnings and 13.88% of its cash flow as dividends.

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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$1.42
Dividend Yield6.03%169.74%3.84%
Annualized 3-Year Dividend Growth32.31%13.12%11.33%
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 Earnings35.44%
Based on This Year's Estimate30.54%
Based on Next Year's Estimate29.92%
Based on Cashflow13.88%

Macy's Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
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
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

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 6.03%. 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's next quarterly dividend payment of $0.1824 per share will be made to shareholders on Tuesday, July 1, 2025.

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

Macy's's next ex-dividend date is Friday, June 13, 2025.

Macy's's most recent ex-dividend date was Friday, March 14, 2025.

Over the past three years, the company's dividend has grown by an average of 32.31% per year.

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:
  • 35.44% based on the trailing year of earnings
  • 30.54% based on this year's estimates
  • 29.92% based on next year's estimates
  • 13.88% based on cash flow

Macy's' dividend yield of 6.03% is lower than the average Retail/Wholesale company that issues a dividend. M has a dividend yield higher than 75% of all dividend-paying stocks 5.8, making it a leading dividend payer. 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 35.44% 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 5/21/2025 by MarketBeat.com Staff
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