Macy's most recent dividend payment of $0.174 per share was made to shareholders on record before Sep 13, 2024. The payout stands at $0.69 per share annually, which works out to a dividend yield of 4.47%.
Macy's dividend yield of 4.47% is higher than the Consumer Cyclical sector, the industry and its peers average. If we compare it with the Consumer Cyclical sector average of 2.43%, Macy's dividend yield is 84% higher. Historically M's dividend yield has averaged at 4.8% in the last 5 years, which is more than the current one.
Macy's has been paying dividends for the last 21 years. According to our data M has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. However since the stock price has gone up by 46% from a year ago, the dividend yield has decreased by 28%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 13, 2024 | $0.174 | 4.58% |
Jun 14, 2024 | $0.174 | 3.69% |
Mar 14, 2024 | $0.174 | 3.12% |
Dec 14, 2023 | $0.165 | 3.37% |
Sep 14, 2023 | $0.165 | 5.75% |
Jun 14, 2023 | $0.165 | 4.07% |
Mar 14, 2023 | $0.165 | 3.41% |
Dec 14, 2022 | $0.158 | 2.9% |
Sep 14, 2022 | $0.158 | 3.75% |
Jun 14, 2022 | $0.158 | 2.82% |
Mar 14, 2022 | $0.158 | 1.92% |
Dec 14, 2021 | $0.15 | 1.16% |
Sep 14, 2021 | $0.15 | 0.72% |
Mar 12, 2020 | $0.378 | 20.46% |
Dec 12, 2019 | $0.378 | 9.61% |
Sep 12, 2019 | $0.378 | 8.88% |
Jun 13, 2019 | $0.378 | 6.94% |
Mar 14, 2019 | $0.378 | 6.39% |
Dec 13, 2018 | $0.378 | 4.9% |
Sep 13, 2018 | $0.378 | 4.22% |
Jun 14, 2018 | $0.378 | 4.02% |
Mar 14, 2018 | $0.378 | 5.17% |
Dec 14, 2017 | $0.378 | 6.09% |
Sep 14, 2017 | $0.378 | 6.86% |
Jun 13, 2017 | $0.378 | 6.78% |
Mar 13, 2017 | $0.378 | 4.89% |
Dec 13, 2016 | $0.378 | 3.67% |
Sep 13, 2016 | $0.378 | 4.25% |
Jun 13, 2016 | $0.378 | 4.61% |
Mar 11, 2016 | $0.36 | 3.25% |
Dec 11, 2015 | $0.36 | 3.79% |
Sep 11, 2015 | $0.36 | 2.31% |
Jun 11, 2015 | $0.36 | 1.88% |
Mar 11, 2015 | $0.313 | 2% |
Macy's payout ratio of 104.1% is above the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 38.6%, Macy's payout ratio is 170% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KSS KOHLS Corp | 10% | $2 | 77.5% |
DDS Dillard'S Inc | 5.63% | $21 | 51.8% |
M Macy's Inc | 4.34% | $0.69 | 104.1% |
JWN Nordstrom Inc | 3.2% | $0.76 | 43.7% |
TGT Target Corp | 2.75% | $4.42 | 45.5% |
TJX Tjx Companies Inc | 1.2% | $1.42 | 33.9% |
Yes, Macy's has paid four dividends in the last 12 months. M has been paying dividends since 2004.
Macy's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.174 per share.
M has paid dividend of $0.69 per share in the last year.
Currently Macy's dividend yield is 4.47%.
Macy's pays dividends quarterly.
Macy's dividend payout ratio is 104.1%.
Macy's dividend yield is more than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.