Dividend Overview
Macy's (M) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $0.7035
- Ex-Dividend Date: March 14, 2025
- Total Dividends Paid (Last Year): $192.00M
Dividend Metrics
- Dividend Yield: 4.38%
- Payout Ratio: 32.99%
- Dividend Growth (YoY): -6.08%
Dividend Yield
4.38%
Dividend Payout Ratio
32.99%
Dividend Paid & Capex Coverage Ratio
1.80x
Macy's pays an annual dividend of $0.7035 per share. This means that for each share you own, you'll receive $0.7035 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was March 14, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Macy's paid a total of $192.00M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Macy's's dividend yield stands at 4.38%. To put this in perspective, if you invest $100 in Macy's's stock at the current price, you can expect to receive approximately $4.38 in annual dividend income.
The company's dividend payout ratio is 32.99%. This means that Macy's is distributing 32.99% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Macy's's dividend has decreased by -6.08%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Macy's (M) dividend payments have grown -6.08% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Macy's Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.1824 | $0.1824 | March 14, 2025 | March 14, 2025 | April 01, 2025 | February 28, 2025 |
| $0.1737 | $0.1737 | December 13, 2024 | December 13, 2024 | January 02, 2025 | October 25, 2024 |
| $0.1737 | $0.1737 | September 13, 2024 | September 13, 2024 | October 01, 2024 | August 23, 2024 |
| $0.1737 | $0.1737 | June 14, 2024 | June 14, 2024 | July 01, 2024 | May 16, 2024 |
| $0.1737 | $0.1737 | March 14, 2024 | March 15, 2024 | April 01, 2024 | February 23, 2024 |
| $0.1654 | $0.1654 | December 14, 2023 | December 15, 2023 | January 02, 2024 | October 27, 2023 |
| $0.1654 | $0.1654 | September 14, 2023 | September 15, 2023 | October 02, 2023 | August 25, 2023 |
| $0.1654 | $0.1654 | June 14, 2023 | June 15, 2023 | July 03, 2023 | May 31, 2023 |
| $0.1654 | $0.1654 | March 14, 2023 | March 15, 2023 | April 03, 2023 | February 24, 2023 |
| $0.1575 | $0.1575 | December 14, 2022 | December 15, 2022 | January 03, 2023 | October 28, 2022 |
| $0.1575 | $0.1575 | September 14, 2022 | September 15, 2022 | October 03, 2022 | August 26, 2022 |
| $0.157 | $0.1575 | June 14, 2022 | June 15, 2022 | July 01, 2022 | May 26, 2022 |
| $0.157 | $0.1575 | March 14, 2022 | March 15, 2022 | April 01, 2022 | February 22, 2022 |
| $0.15 | $0.15 | December 14, 2021 | December 15, 2021 | January 03, 2022 | October 22, 2021 |
| $0.15 | $0.15 | September 14, 2021 | September 15, 2021 | October 01, 2021 | August 18, 2021 |
| $0.3775 | $0.3775 | March 12, 2020 | March 13, 2020 | April 01, 2020 | February 28, 2020 |
| $0.3775 | $0.3775 | December 12, 2019 | December 13, 2019 | January 02, 2020 | October 25, 2019 |
| $0.3775 | $0.3775 | September 12, 2019 | September 13, 2019 | October 01, 2019 | August 23, 2019 |
| $0.3775 | $0.3775 | June 13, 2019 | June 14, 2019 | July 01, 2019 | May 17, 2019 |
| $0.3775 | $0.3775 | March 14, 2019 | March 15, 2019 | April 01, 2019 | February 22, 2019 |
| $0.3775 | $0.3775 | December 13, 2018 | December 14, 2018 | January 02, 2019 | October 26, 2018 |
| $0.3775 | $0.3775 | September 13, 2018 | September 14, 2018 | October 01, 2018 | August 24, 2018 |
| $0.3775 | $0.3775 | June 14, 2018 | June 15, 2018 | July 02, 2018 | May 18, 2018 |
| $0.3775 | $0.3775 | March 14, 2018 | March 15, 2018 | April 02, 2018 | February 23, 2018 |
| $0.3775 | $0.3775 | December 14, 2017 | December 15, 2017 | January 02, 2018 | October 27, 2017 |
| $0.3775 | $0.3775 | September 14, 2017 | September 15, 2017 | October 02, 2017 | August 25, 2017 |
| $0.3775 | $0.3775 | June 13, 2017 | June 15, 2017 | July 03, 2017 | May 11, 2017 |
| $0.3775 | $0.3775 | March 13, 2017 | March 15, 2017 | April 03, 2017 | February 27, 2017 |
| $0.3775 | $0.3775 | December 13, 2016 | December 15, 2016 | January 03, 2017 | October 28, 2016 |
| $0.3775 | $0.3775 | September 13, 2016 | September 15, 2016 | October 03, 2016 | August 26, 2016 |
| $0.3775 | $0.3775 | June 13, 2016 | June 15, 2016 | July 01, 2016 | May 11, 2016 |
| $0.36 | $0.36 | March 11, 2016 | March 15, 2016 | April 01, 2016 | February 26, 2016 |
| $0.36 | $0.36 | December 11, 2015 | December 15, 2015 | January 04, 2016 | November 09, 2015 |
| $0.36 | $0.36 | September 11, 2015 | September 15, 2015 | October 01, 2015 | August 31, 2015 |
| $0.36 | $0.36 | June 11, 2015 | June 15, 2015 | July 01, 2015 | May 14, 2015 |
| $0.3125 | $0.3125 | March 11, 2015 | March 13, 2015 | April 01, 2015 | March 02, 2015 |
| $0.3125 | $0.3125 | December 11, 2014 | December 15, 2014 | January 02, 2015 | October 27, 2014 |
| $0.3125 | $0.3125 | September 11, 2014 | September 15, 2014 | October 01, 2014 | August 22, 2014 |
| $0.3125 | $0.3125 | June 11, 2014 | June 13, 2014 | July 01, 2014 | May 14, 2014 |
| $0.25 | $0.25 | March 12, 2014 | March 14, 2014 | April 01, 2014 | February 28, 2014 |
| $0.25 | $0.25 | December 11, 2013 | December 13, 2013 | January 02, 2014 | October 25, 2013 |
| $0.25 | $0.25 | September 11, 2013 | September 13, 2013 | October 01, 2013 | August 23, 2013 |
| $0.25 | $0.25 | June 12, 2013 | June 14, 2013 | July 01, 2013 | May 15, 2013 |
| $0.2 | $0.2 | March 13, 2013 | March 15, 2013 | April 01, 2013 | February 22, 2013 |
| $0.2 | $0.2 | December 12, 2012 | December 14, 2012 | January 02, 2013 | October 26, 2012 |
| $0.2 | $0.2 | September 12, 2012 | September 14, 2012 | October 01, 2012 | August 24, 2012 |
| $0.2 | $0.2 | June 13, 2012 | June 15, 2012 | July 02, 2012 | May 21, 2012 |
| $0.2 | $0.2 | March 13, 2012 | March 15, 2012 | April 02, 2012 | January 06, 2012 |
| $0.1 | $0.1 | December 13, 2011 | December 15, 2011 | January 03, 2012 | October 31, 2011 |
| $0.1 | $0.1 | September 13, 2011 | September 15, 2011 | October 03, 2011 | August 29, 2011 |
| $0.1 | $0.1 | June 13, 2011 | June 15, 2011 | July 01, 2011 | May 12, 2011 |
| $0.05 | $0.05 | March 11, 2011 | March 15, 2011 | April 01, 2011 | February 28, 2011 |
| $0.05 | $0.05 | December 13, 2010 | December 15, 2010 | January 03, 2011 | October 25, 2010 |
| $0.05 | $0.05 | September 13, 2010 | September 15, 2010 | October 01, 2010 | August 23, 2010 |
| $0.05 | $0.05 | June 11, 2010 | June 15, 2010 | July 01, 2010 | May 17, 2010 |
| $0.05 | $0.05 | March 11, 2010 | March 15, 2010 | April 01, 2010 | February 22, 2010 |
| $0.05 | $0.05 | December 11, 2009 | December 15, 2009 | January 04, 2010 | October 26, 2009 |
| $0.05 | $0.05 | September 11, 2009 | September 15, 2009 | October 01, 2009 | August 24, 2009 |
| $0.05 | $0.05 | June 11, 2009 | June 15, 2009 | July 01, 2009 | May 18, 2009 |
| $0.05 | $0.05 | March 11, 2009 | March 13, 2009 | April 01, 2009 | February 02, 2009 |
| $0.1325 | $0.1325 | December 11, 2008 | December 15, 2008 | January 02, 2009 | October 24, 2008 |
| $0.1325 | $0.1325 | September 11, 2008 | September 15, 2008 | October 01, 2008 | August 22, 2008 |
| $0.1325 | $0.1325 | June 11, 2008 | June 13, 2008 | July 01, 2008 | May 16, 2008 |
| $0.13 | $0.13 | March 12, 2008 | March 14, 2008 | April 01, 2008 | February 22, 2008 |
| $0.13 | $0.13 | December 12, 2007 | December 14, 2007 | January 02, 2008 | October 26, 2007 |
| $0.13 | $0.13 | September 12, 2007 | September 14, 2007 | October 01, 2007 | August 24, 2007 |
| $0.13 | $0.13 | June 13, 2007 | June 15, 2007 | July 02, 2007 | May 18, 2007 |
| $0.1275 | $0.1275 | March 13, 2007 | March 15, 2007 | April 02, 2007 | February 27, 2007 |
| $0.1275 | $0.1275 | December 13, 2006 | December 15, 2006 | January 02, 2007 | October 26, 2006 |
| $0.1275 | $0.1275 | September 13, 2006 | September 15, 2006 | October 02, 2006 | August 25, 2006 |
| $0.1275 | $0.1275 | June 14, 2006 | June 16, 2006 | July 03, 2006 | March 28, 2006 |
| $0.25 | $0.125 | March 13, 2006 | March 15, 2006 | April 03, 2006 | February 24, 2006 |
| $0.25 | $0.125 | December 13, 2005 | December 15, 2005 | January 02, 2006 | October 28, 2005 |
| $0.25 | $0.125 | August 30, 2005 | August 29, 2005 | October 03, 2005 | August 30, 2005 |
| $0.135 | $0.0675 | June 13, 2005 | June 15, 2005 | July 01, 2005 | May 20, 2005 |
| $0.135 | $0.0675 | March 11, 2005 | March 15, 2005 | April 01, 2005 | February 25, 2005 |
| $0.135 | $0.0675 | December 13, 2004 | December 15, 2004 | January 03, 2005 | October 21, 2004 |
| $0.135 | $0.0675 | September 13, 2004 | September 15, 2004 | October 01, 2004 | August 27, 2004 |
| $0.135 | $0.0675 | June 14, 2004 | June 15, 2004 | July 01, 2004 | May 21, 2004 |
| $0.125 | $0.0625 | March 11, 2004 | March 15, 2004 | April 01, 2004 | February 20, 2004 |
| $0.125 | $0.0625 | December 11, 2003 | December 15, 2003 | January 02, 2004 | October 24, 2003 |
| $0.125 | $0.0625 | September 11, 2003 | September 15, 2003 | October 01, 2003 | August 22, 2003 |
| $0.125 | $0.0625 | June 12, 2003 | June 16, 2003 | July 01, 2003 | April 16, 2003 |
Frequently Asked Questions
Macy's currently pays an annual dividend of $0.7035 per share. This means that for each share you own, you'll receive $0.7035 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Macy's's current dividend yield is 4.38%. This means that if you invest $100 in Macy's's stock at the current price, you can expect to receive approximately $4.38 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Macy's was March 14, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Macy's's investor relations page or financial news sources for the next ex-dividend date announcement.
Macy's's dividend payout ratio is currently 32.99%. This means that the company is distributing 32.99% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Macy's paid a total of $192.00M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Macy's distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Macy's's dividend has decreased by -6.08%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.