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Macy's (Macy's) Dividend Yield %

: 3.47% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Macy's is 3.47%.

The historical rank and industry rank for Macy's's Dividend Yield % or its related term are showing as below:

M' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43   Med: 3.81   Max: 31.43
Current: 3.47

During the past 13 years, the highest Dividend Yield of Macy's was 31.43%. The lowest was 0.43%. And the median was 3.81%.

M's Dividend Yield % is ranked better than
62.5% of 560 companies
in the Retail - Cyclical industry
Industry Median: 2.76 vs M: 3.47

Macy's's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.07.

During the past 13 years, the highest Dividend Payout Ratio of Macy's was 0.55. The lowest was 0.06. And the median was 0.36.

As of today (2024-04-18), the Forward Dividend Yield % of Macy's is 3.62%.

Macy's's Dividends per Share for the three months ended in Jan. 2024 was $0.17.

During the past 12 months, Macy's's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -18.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Macy's was 68.10% per year. The lowest was -41.60% per year. And the median was 9.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Macy's Dividend Yield % Historical Data

The historical data trend for Macy's's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Macy's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.47 2.51 1.17 2.67 3.62

Macy's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.67 3.90 3.89 5.37 3.62

Competitive Comparison

For the Department Stores subindustry, Macy's's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macy's Dividend Yield % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Macy's's Dividend Yield % falls into.



Macy's Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Macy's Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1742024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1652023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1652023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1652023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Macy's's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.669/19.04
=3.51 %

Current Share Price is $19.04.
Macy's's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.669.

Macy's's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.696/19.04
=3.66 %

Current Share Price is $19.04.
Macy's's Dividends per Share for the forward twelve months is calculated as $0.174 * 4 = $0.696.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Macy's  (NYSE:M) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Macy's Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Macy's's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Macy's (Macy's) Business Description

Address
151 West 34th Street, New York, NY, USA, 10001
Founded in 1858 and based in New York City, Macy's operates about 550 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 158 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 61% of Macy's 2022 sales.
Executives
Adrian V Mitchell officer: Chief Financial Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul Griscom officer: Interim Principal Acctg. Offr. C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
Danielle L. Kirgan officer: Chief Human Resources Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Garcia C Elisa D officer: Chief Legal Officer 151 WEST 34TH STREET, NEW YORK NY 10001
Jeffrey Gennette officer: Chief Merchandising Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Antony Spring officer: Chairman & CEO, Bloomingdale's C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Naveen K. Chopra director C/O 2160 GOLD STREET, SAN JOSE CA 95002
Emilie Arel director C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Jill Granoff director LIZ CLAIBORNE, INC., 1441 BROADWAY, NEW YORK NY 10018
Marie A Chandoha director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Ashley Buchanan director C/O THE MICHAELS COMPANIES, INC., 8000 BENT BRANCH DRIVE, IRVING TX 75063
Tracey Zhen director C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
John T. Harper officer: Chief Operations Officer C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Felicia Williams officer: EVP,Controller/Enterprise Risk C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001