Macy's Dividends and Buybacks
Dividend criteria checks 3/6
Macy's is a dividend paying company with a current yield of 4.61%. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
4.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 0.7% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.695 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Recent updates
Macy's Bold New Chapter Strategy Faces Too Many Uncertainties
Oct 07Macy's, Inc.: Potential For Growth Inflection, But I Am Hold Rated
Sep 24Macy's: Margins And Go-Forward Sales Growth Critical To Q2 Results
Aug 19Macy's: Broken Market
Jul 15Macy's Remains On Sale After An Upsized Bid Pushes Shares Higher
Jul 05Macy's: Encouraging Q1 Points To Brighter Long-Term Prospects
May 21Macy's: Still Looking For A Bigger Bid
Apr 25Macy's: A Sell On Rising Credit Card Delinquencies
Apr 18Macy's (NYSE:M) Is Paying Out A Larger Dividend Than Last Year
Mar 05
Macy's: Q4 Results Are A Cause For Optimism
Mar 01Is Macy's (NYSE:M) Using Too Much Debt?
Jan 19Macy's: Holding For Takeover Bid, Expecting Decent Post-Holiday Sales Results
Jan 16Macy's, Inc. (NYSE:M) Stock Rockets 39% But Many Are Still Ignoring The Company
Dec 19Macy's: Hard Pass On This Buyout Offer
Dec 11Macy's (NYSE:M) Has Affirmed Its Dividend Of $0.1654
Dec 08Macy's (NYSE:M) Has Announced A Dividend Of $0.1654
Nov 24Macy's: Property Portfolio Will Not Save It As Profitability Tumbles
Nov 13Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Nov 02Macy's: Navigating Modern Retail Challenges With Legacy Strengths
Oct 13Is Now The Time To Look At Buying Macy's, Inc. (NYSE:M)?
Oct 09Macy's: A Deep Value Trap?
Oct 02Returns At Macy's (NYSE:M) Appear To Be Weighed Down
Sep 21Buy Macy's: It's A Covered Land Play In Disguise
Sep 07Macy's (NYSE:M) Is Due To Pay A Dividend Of $0.1654
Aug 31Macy's: Greatly Undervalued, Extracting Value From Real Estate, Stock Buybacks And Potential Catalysts
Aug 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: M's dividend payments have been volatile in the past 10 years.
Growing Dividend: M's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Macy's Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (M) | 4.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Multiline Retail) | 1.6% |
| Analyst forecast (M) (up to 3 years) | 5.0% |
Notable Dividend: M's dividend (4.61%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: M's dividend (4.61%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.7%), M's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.2%), M's dividend payments are covered by cash flows.