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Macy's, Inc. (M)
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M Dividends

Macy's, Inc. (M) pays $0.75 in dividends per share, with a current dividend yield of 3.03%. The company has dividend history for 4 consecutive years.

M Dividend Summary

Consecutive Years

4

Most Recent Ex-Date

Jun 15, 2026

Next Payment Date

Jul 1, 2026

M Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

M Dividends CAGR Chart

Macy's, Inc. (M)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.38
2025$0.73+5.01%
2024$0.69+5.02%
2023$0.66+5.02%
2022$0.63N/A
2021$0.30N/A
2020$0.38N/A
2019$1.51+0.00%
2018$1.51+0.00%
2017$1.51+1.17%
2016$1.49+7.18%
2015$1.39+17.26%
2014$1.19+25.00%
2013$0.95+18.75%
2012$0.80+128.57%
2011$0.35+75.00%
2010$0.20+0.00%
2009$0.20-62.09%
2008$0.53+1.93%
2007$0.52+1.97%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.19+4.99%
Q1 2026$0.19+4.99%
Q4 2025$0.18+5.01%
Q3 2025$0.18+5.01%
Q2 2025$0.18+5.01%
Q1 2025$0.18+5.01%
Q4 2024$0.17+5.02%
Q3 2024$0.17+5.02%
Q2 2024$0.17+5.02%
Q1 2024$0.17+5.02%
Q4 2023$0.17+5.02%
Q3 2023$0.17+5.02%
Q2 2023$0.17+5.02%
Q1 2023$0.17+5.02%
Q4 2022$0.16+5.00%
Q3 2022$0.16+5.00%
Q2 2022$0.16
Q1 2022$0.16
Q4 2021$0.15
Q3 2021$0.15
Q1 2020$0.38+0.00%
Q4 2019$0.38+0.00%
Q3 2019$0.38+0.00%
Q2 2019$0.38+0.00%

Dividend Yield Metrics

Current Yield
3.03%
Average Yield (TTM)
3.03%
Average Yield (3Y)
2.82%
Forward Yield on Cost (3Y)
7.37%
Forward Yield on Cost (5Y)
13.34%
Forward Yield on Cost (10Y)
58.66%

Payout Ratio Analysis

Payout Ratio (Current)
31.02%
FCF Payout Ratio
13.47%
Payout Ratio (3Y Avg)
161.48%
Payout Ratio (5Y Avg)
103.74%
FCF Payout (3Y Avg)
48.28%
FCF Payout (5Y Avg)
41.00%

Dividend Coverage

Payout Ratio
31.0%
Dividends / net income
FCF Payout Ratio
13.5%
Dividends / free cash flow
Consecutive Years
4 years
Years with regular dividend payments
5Y Dividend Growth
14.1%
Compound annual dividend growth

About Macy's, Inc.

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of January 29, 2022, Macy's operated 725 department stores domestically in locations such as the District of Columbia, Puerto Rico, and Guam. These stores are branded under several well-known names like Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and the beauty retailer bluemercury. Internationally, Macy's also extends its reach through licensing agreements, with operations in Dubai, United Arab Emirates, and Al Zahra, Kuwait. The company maintains a presence in the beauty and spa retail sector. Originally established in 1830, the company was previously known as Federated Department Stores, Inc. It officially changed its name to Macy's, Inc. in June 2007, and its corporate headquarters are located in New York, New York.

New York City, NY
94,189 employees
Consumer Cyclical / Department Stores
Sector
Consumer Cyclical
Industry
Department Stores
CEO
Antony Spring