Macy's Dividends and Buybacks
Dividend criteria checks 2/6
Macy's is a dividend paying company with a current yield of 4.14%. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
4.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 0.5% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.695 |
| Payout ratio | 110% |
Recent dividend and buyback updates
Recent updates
Macy's: Growth Is Likely To Inflect Moving Forward (Rating Upgrade)
Dec 13Macy'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: Hard Pass On This Buyout Offer
Dec 11Macy's: Property Portfolio Will Not Save It As Profitability Tumbles
Nov 13Macy's: Navigating Modern Retail Challenges With Legacy Strengths
Oct 13Macy's: A Deep Value Trap?
Oct 02Buy Macy's: It's A Covered Land Play In Disguise
Sep 07Stability 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) | 4.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Multiline Retail) | 1.7% |
| Analyst forecast (M) (up to 3 years) | 4.5% |
Notable Dividend: M's dividend (4.14%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: M's dividend (4.14%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.5%), M's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.1%), M's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:43 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Macy's, Inc. is covered by 40 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Daniela Nedialkova | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |