M
Macy's
dividend history, payout ratio & dates
- Stocks
- Consumer Cyclical
- NYSE: M
- Dividend
Last dividend date: Mar 13, 2026
Dividend yield: 2.91%
Payout ratio: 29.9%
Macy's most recent dividend payment of $0.192 per share was made to shareholders on record before Mar 13, 2026. The payout stands at $0.74 per share annually, which works out to a dividend yield of 2.95%. The latest M stock dividend of $0.192 is an increase from the previous $0.182 distribution, representing a growth of 5%.
M dividend stats
vs. Consumer Cyclical sector
Macy's Dividend yield
Macy's dividend yield of 2.95% is higher than the Consumer Cyclical sector average but lower than its peers average. If we compare it with the Consumer Cyclical sector average of 2.57%, Macy's dividend yield is 15% higher. Historically M's dividend yield has averaged at 3.6% in the last 5 years, which is more than the current one.
M Dividend history
Macy's has been paying dividends for the last 23 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 106% from a year ago, the dividend yield has decreased by 49%.
Macy's Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 13, 2026 | $0.192 | 4.33% |
| Dec 15, 2025 | $0.182 | 3.06% |
| Sep 15, 2025 | $0.182 | 4.13% |
| Jun 13, 2025 | $0.182 | 6.33% |
| Mar 14, 2025 | $0.182 | 5.38% |
| Dec 13, 2024 | $0.174 | 4.2% |
| 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 dividend payout ratio
Payout ratio
Macy's payout ratio of 29.9% is below the Consumer Cyclical sector and its peers average. Compared to its Consumer Cyclical sector average of 44.6%, Macy's payout ratio is 33% lower.
Total amount of dividends paid per financial year (from cash flow)
M dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DDS Dillard'S Inc | 5.11% | $31.15 | 74.1% |
| TGT Target Corp | 3.37% | $4.56 | 59.9% |
| M Macy's Inc | 2.91% | $0.74 | 29.9% |
| KSS KOHLS Corp | 2.77% | $0.5 | 20.6% |
| TJX Tjx Companies Inc | 1.04% | $1.76 | 33.8% |
Frequently asked questions
Does Macy's pay a dividend?
Yes, Macy's has paid four dividends in the last 12 months. M has been paying dividends since 2004.
When was M's last dividend?
Macy's last regular dividend was on Mar 13, 2026 (ex-date) with the amount of $0.192 per share.
How much dividend does Macy's pay (per share)?
M has paid dividend of $0.74 per share in the last year.
What is Macy's dividend yield?
Currently Macy's dividend yield is 2.95%.
How often does Macy's pay dividends?
Macy's pays dividends quarterly.
What is Macy's dividend payout ratio?
Macy's dividend payout ratio is 29.9%.
Does Macy's pay a good dividend?
Macy's dividend yield is more than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield.