Macy's Dividend
Dividend criteria checks 2/6
Macy's is a dividend paying company with a current yield of 3.45%. Next payment date is on 1st July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.5%
Dividend yield
1,535%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 01 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.043 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Macy's (NYSE:M) Is Paying Out A Larger Dividend Than Last Year
Mar 05
Macy's (NYSE:M) Has Affirmed Its Dividend Of $0.1654
Dec 08Recent updates
Macy'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 05Macy'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 16Does Macy's (NYSE:M) Have A Healthy Balance Sheet?
Aug 02Macy's: Declining Sales A Concern But Not Worth Selling The Stock Over
Aug 02Macy's: Business As Usual
Jul 22Is There An Opportunity With Macy's, Inc.'s (NYSE:M) 39% Undervaluation?
Jul 05Macy's (NYSE:M) Hasn't Managed To Accelerate Its Returns
Jun 22Macy's: Now Fairly Valued
Jun 20A Conservative Strategy For Playing Macy's Already Low Valuation
Jun 05Macy's' (NYSE:M) Dividend Will Be $0.1654
Jun 04Upcoming 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) | 3.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Multiline Retail) | 1.7% |
| Analyst forecast in 3 Years (M) | 3.7% |
Notable Dividend: M's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: M's dividend (3.45%) is low compared to the top 25% of dividend payers in the US market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1534.9%), M's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.7%), M's dividend payments are well covered by cash flows.