Macy's, Inc.
MConsumer Cyclical · Stock · quarterly payer
$23.03
Add to PortfolioForward Yield
3.33%
Annual Dividend
$0.77
Payout Ratio
31%
5-Yr Growth
-13.6%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
M Dividend Safety Score
63/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage31% of earnings paid out
Free-cash-flow coverage27% of free cash flow
Balance-sheet strengthDebt/equity of 1.06
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is M a good dividend stock?
Yes, with caveatsMacy's, Inc. (M) pays a quarterly dividend yielding 3.33% ($0.77/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (31%)
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 3.33%
- Payout Ratio
- 31%
- Annual Dividend
- $0.77
- 5-Yr Avg Growth
- -13.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 1.50
- Market Cap
- $6.1B
- P/E Ratio
- 9.5
- 5-Yr Total Return
- 19%
- 52-Week Range
- $10.54 – $24.41
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.1920 | regular |
| Dec 15, 2025 | — | $0.1820 | regular |
| Sep 15, 2025 | — | $0.1820 | regular |
| Jun 13, 2025 | — | $0.1820 | regular |
| Mar 14, 2025 | — | $0.1820 | regular |
| Dec 13, 2024 | — | $0.1740 | regular |
| Sep 13, 2024 | — | $0.1740 | regular |
| Jun 14, 2024 | — | $0.1740 | regular |
| Mar 14, 2024 | — | $0.1740 | regular |
| Dec 14, 2023 | — | $0.1650 | regular |
| Sep 14, 2023 | — | $0.1650 | regular |
| Jun 14, 2023 | — | $0.1650 | regular |
| Mar 14, 2023 | — | $0.1650 | regular |
| Dec 14, 2022 | — | $0.1580 | regular |
Income Calculator
At $0.77 / yr per share
Per payment (quarterly)$19.25
Annual$77.00
Monthly avg$6.42
