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
3.03%
$0.75
31.02%
13.47%
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 listThis 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
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $0.38 | — |
| 2025 | $0.73 | +5.01% |
| 2024 | $0.69 | +5.02% |
| 2023 | $0.66 | +5.02% |
| 2022 | $0.63 | N/A |
| 2021 | $0.30 | N/A |
| 2020 | $0.38 | N/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
| Quarter | Dividend/Share | YoY 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
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.
- Sector
- Consumer Cyclical
- Industry
- Department Stores
- CEO
- Antony Spring