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Macy's (FRA:FDO) Dividend Payout Ratio : 0.33 (As of Jul. 2024)


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What is Macy's Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Macy's's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.33.

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

FRA:FDO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.36   Max: 0.55
Current: 0.2


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.

FRA:FDO's Dividend Payout Ratio is ranked better than
81.91% of 514 companies
in the Retail - Cyclical industry
Industry Median: 0.415 vs FRA:FDO: 0.20

As of today (2024-12-12), the Dividend Yield % of Macy's is 3.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Macy's was 31.43%. The lowest was 0.43%. And the median was 4.15%.

Macy's's Dividends per Share for the months ended in Jul. 2024 was €0.16.

During the past 12 months, Macy's's average Dividends Per Share Growth Rate was 5.00% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Macy's Dividend Payout Ratio Historical Data

The historical data trend for Macy's's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Macy's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 - 0.06 0.14 0.19

Macy's Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Dividend Payout Ratio Get a 7-Day Free Trial 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 0.64 0.79 0.07 0.64 0.33

Competitive Comparison of Macy's's Dividend Payout Ratio

For the Department Stores subindustry, Macy's's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Macy's's Dividend Payout Ratio falls into.



Macy's Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Macy's's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2024 )/ EPS without NRI (A: Jan. 2024 )
=0.607/ 3.213
=0.19

Macy's's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2024 )/ EPS without NRI (Q: Jul. 2024 )
=0.16/ 0.489
=0.33

* 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 (FRA:FDO) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Macy's Dividend Payout Ratio Related Terms

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


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 500 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 157 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 62% of Macy's 2023 sales.

Macy's Headlines

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