M Dividend History
Macy's, Inc. · every payment since 2003
As of Oct 19, 2026, Macy's, Inc. (M) has paid 89 dividends since 2003. The most recent was $0.1920 per share (ex-date Sep 15, 2026, paid Oct 1, 2026). Over the last 12 months M paid $0.7580 across 4 payments, a trailing yield of 3.16%. The average of the last 2 regular payments is +2.7% versus the 2 before.
Latest dividend
$0.1920
Last ex-date
Sep 15, 2026
Paid, last 12 months
$0.76
Trailing yield
3.16%
Frequency
Quarterly
Growth streak
4 yrs
Key facts: M dividend history
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, SmarterDividends has 89 dividend payments on record for Macy's, Inc. (M), going back to 2003.
- M's most recent dividend was $0.19 per share, with an ex-dividend date of Sep 15, 2026 and a pay date of Oct 1, 2026.
- In the 12 months to Oct 19, 2026, M paid $0.76 per share in dividends across 4 payments, a trailing yield of 3.16%.
- M's most recent dividend increase took effect with the Mar 13, 2026 ex-date, a 5.5% rise to $0.19 per share.
- M's most recent dividend cut took effect with the Sep 14, 2021 ex-date, a 60.3% reduction to $0.15 per share.
- M paid $0.73 per share in dividends in calendar year 2025, up 4.6% from 2024.
Cite this page
SmarterDividends, "M Dividend History: Every Payment, Dates & Yield," updated Oct 19, 2026, https://smarterdividends.com/stocks/M/dividend-history
Dividends versus price, last 12 months
Paid out
4.25%
of price a year ago
Price change
+34.7%
$17.82 → $24.00
Approx. total return
+38.9%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
M dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 24 regular payments, per share
M dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 3 | $0.5760 | — |
| 2025 | 4 | $0.7280 | +4.6% |
| 2024 | 4 | $0.6960 | +5.5% |
| 2023 | 4 | $0.6600 | +4.4% |
| 2022 | 4 | $0.6320 | +110.7% |
| 2021 | 2timing | $0.3000 | -20.6% |
| 2020 | 1timing | $0.3780 | -75.0% |
| 2019 | 4 | $1.5120 | +0.0% |
| 2018 | 4 | $1.5120 | +0.0% |
| 2017 | 4 | $1.5120 | +1.2% |
| 2016 | 4 | $1.4940 | +7.3% |
| 2015 | 4 | $1.3930 | +17.2% |
| 2014 | 4 | $1.1890 | +25.2% |
| 2013 | 4 | $0.9500 | +18.7% |
| 2012 | 4 | $0.8000 | +128.6% |
| 2011 | 4 | $0.3500 | +75.0% |
| 2010 | 4 | $0.2000 | +0.0% |
| 2009 | 4 | $0.2000 | -62.2% |
| 2008 | 4 | $0.5290 | +2.1% |
| 2007 | 4 | $0.5180 | +1.8% |
| 2006 | 4 | $0.5090 | +32.2% |
| 2005 | 4 | $0.3850 | +45.3% |
| 2004 | 4 | $0.2650 | +41.3% |
| 2003 | 3timing | $0.1875 | — |
Every M dividend
16 raises · 2 cuts · 0 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.1920 | +0.0% | Unchanged |
| Jun 15, 2026 | Jul 1, 2026 | $0.1920 | +0.0% | Unchanged |
| Mar 13, 2026 | Apr 1, 2026 | $0.1920 | +5.5% | Raise |
| Dec 15, 2025 | Jan 2, 2026 | $0.1820 | +0.0% | Unchanged |
| Sep 15, 2025 | Oct 1, 2025 | $0.1820 | +0.0% | Unchanged |
| Jun 13, 2025 | Jul 1, 2025 | $0.1820 | +0.0% | Unchanged |
| Mar 14, 2025 | Apr 1, 2025 | $0.1820 | +4.6% | Raise |
| Dec 13, 2024 | Jan 2, 2025 | $0.1740 | +0.0% | Unchanged |
| Sep 13, 2024 | Oct 1, 2024 | $0.1740 | +0.0% | Unchanged |
| Jun 14, 2024 | Jul 1, 2024 | $0.1740 | +0.0% | Unchanged |
| Mar 14, 2024 | Apr 1, 2024 | $0.1740 | +5.5% | Raise |
| Dec 14, 2023 | Jan 2, 2024 | $0.1650 | +0.0% | Unchanged |
| Sep 14, 2023 | Oct 2, 2023 | $0.1650 | +0.0% | Unchanged |
| Jun 14, 2023 | Jul 3, 2023 | $0.1650 | +0.0% | Unchanged |
| Mar 14, 2023 | Apr 3, 2023 | $0.1650 | +4.4% | Raise |
| Dec 14, 2022 | Jan 3, 2023 | $0.1580 | +0.0% | Unchanged |
| Sep 14, 2022 | Oct 3, 2022 | $0.1580 | +0.0% | Unchanged |
| Jun 14, 2022 | Jul 1, 2022 | $0.1580 | +0.0% | Unchanged |
| Mar 14, 2022 | Apr 1, 2022 | $0.1580 | +5.3% | Raise |
| Dec 14, 2021 | Jan 3, 2022 | $0.1500 | +0.0% | Unchanged |
| Sep 14, 2021 | Oct 1, 2021 | $0.1500 | -60.3% | Cut |
| Mar 12, 2020 | Apr 1, 2020 | $0.3780 | +0.0% | Unchanged |
| Dec 12, 2019 | Jan 2, 2020 | $0.3780 | +0.0% | Unchanged |
| Sep 12, 2019 | Oct 1, 2019 | $0.3780 | +0.0% | Unchanged |
| Jun 13, 2019 | Jul 1, 2019 | $0.3780 | +0.0% | Unchanged |
| Mar 14, 2019 | Apr 1, 2019 | $0.3780 | +0.0% | Unchanged |
| Dec 13, 2018 | Jan 2, 2019 | $0.3780 | +0.0% | Unchanged |
| Sep 13, 2018 | Oct 1, 2018 | $0.3780 | +0.0% | Unchanged |
| Jun 14, 2018 | Jul 2, 2018 | $0.3780 | +0.0% | Unchanged |
| Mar 14, 2018 | Apr 2, 2018 | $0.3780 | +0.0% | Unchanged |
| Dec 14, 2017 | Jan 2, 2018 | $0.3780 | +0.0% | Unchanged |
| Sep 14, 2017 | Oct 2, 2017 | $0.3780 | +0.0% | Unchanged |
| Jun 13, 2017 | Jul 3, 2017 | $0.3780 | +0.0% | Unchanged |
| Mar 13, 2017 | Apr 3, 2017 | $0.3780 | +0.0% | Unchanged |
| Dec 13, 2016 | Jan 3, 2017 | $0.3780 | +0.0% | Unchanged |
| Sep 13, 2016 | Oct 3, 2016 | $0.3780 | +0.0% | Unchanged |
| Jun 13, 2016 | Jul 1, 2016 | $0.3780 | +5.0% | Raise |
| Mar 11, 2016 | Apr 1, 2016 | $0.3600 | +0.0% | Unchanged |
| Dec 11, 2015 | Jan 4, 2016 | $0.3600 | +0.0% | Unchanged |
| Sep 11, 2015 | Oct 1, 2015 | $0.3600 | +0.0% | Unchanged |
| Jun 11, 2015 | Jul 1, 2015 | $0.3600 | +15.0% | Raise |
| Mar 11, 2015 | Apr 1, 2015 | $0.3130 | +0.0% | Unchanged |
| Dec 11, 2014 | Jan 2, 2015 | $0.3130 | +0.0% | Unchanged |
| Sep 11, 2014 | Oct 1, 2014 | $0.3130 | +0.0% | Unchanged |
| Jun 11, 2014 | Jul 1, 2014 | $0.3130 | +25.2% | Raise |
| Mar 12, 2014 | Apr 1, 2014 | $0.2500 | +0.0% | Unchanged |
| Dec 11, 2013 | Jan 2, 2014 | $0.2500 | +0.0% | Unchanged |
| Sep 11, 2013 | Oct 1, 2013 | $0.2500 | +0.0% | Unchanged |
| Jun 12, 2013 | Jul 1, 2013 | $0.2500 | +25.0% | Raise |
| Mar 13, 2013 | Apr 1, 2013 | $0.2000 | +0.0% | Unchanged |
| Dec 12, 2012 | Jan 2, 2013 | $0.2000 | +0.0% | Unchanged |
| Sep 12, 2012 | Oct 1, 2012 | $0.2000 | +0.0% | Unchanged |
| Jun 13, 2012 | Jul 2, 2012 | $0.2000 | +0.0% | Unchanged |
| Mar 13, 2012 | Apr 2, 2012 | $0.2000 | +100.0% | Raise |
| Dec 13, 2011 | Jan 3, 2012 | $0.1000 | +0.0% | Unchanged |
| Sep 13, 2011 | Oct 3, 2011 | $0.1000 | +0.0% | Unchanged |
| Jun 13, 2011 | Jul 1, 2011 | $0.1000 | +100.0% | Raise |
| Mar 11, 2011 | Apr 1, 2011 | $0.0500 | +0.0% | Unchanged |
| Dec 13, 2010 | Jan 3, 2011 | $0.0500 | +0.0% | Unchanged |
| Sep 13, 2010 | Oct 1, 2010 | $0.0500 | +0.0% | Unchanged |
| Jun 11, 2010 | Jul 1, 2010 | $0.0500 | +0.0% | Unchanged |
| Mar 11, 2010 | Apr 1, 2010 | $0.0500 | +0.0% | Unchanged |
| Dec 11, 2009 | Jan 4, 2010 | $0.0500 | +0.0% | Unchanged |
| Sep 11, 2009 | Oct 1, 2009 | $0.0500 | +0.0% | Unchanged |
| Jun 11, 2009 | Jul 1, 2009 | $0.0500 | +0.0% | Unchanged |
| Mar 11, 2009 | Apr 1, 2009 | $0.0500 | -62.4% | Cut |
| Dec 11, 2008 | Jan 2, 2009 | $0.1330 | +0.0% | Unchanged |
| Sep 11, 2008 | Oct 1, 2008 | $0.1330 | +0.0% | Unchanged |
| Jun 11, 2008 | Jul 1, 2008 | $0.1330 | +2.3% | Raise |
| Mar 12, 2008 | Apr 1, 2008 | $0.1300 | +0.0% | Unchanged |
| Dec 12, 2007 | Jan 2, 2008 | $0.1300 | +0.0% | Unchanged |
| Sep 12, 2007 | Oct 1, 2007 | $0.1300 | +0.0% | Unchanged |
| Jun 13, 2007 | Jul 2, 2007 | $0.1300 | +1.6% | Raise |
| Mar 13, 2007 | Apr 2, 2007 | $0.1280 | +0.0% | Unchanged |
| Dec 13, 2006 | Jan 2, 2007 | $0.1280 | +0.0% | Unchanged |
| Sep 13, 2006 | Oct 2, 2006 | $0.1280 | +0.0% | Unchanged |
| Jun 14, 2006 | Jul 3, 2006 | $0.1280 | +2.4% | Raise |
| Mar 13, 2006 | Apr 3, 2006 | $0.1250 | +0.0% | Unchanged |
| Dec 13, 2005 | Jan 2, 2006 | $0.1250 | +0.0% | Unchanged |
| Aug 30, 2005 | Oct 3, 2005 | $0.1250 | +85.2% | Raise |
| Jun 13, 2005 | Jul 1, 2005 | $0.0675 | +0.0% | Unchanged |
| Mar 11, 2005 | Apr 1, 2005 | $0.0675 | +0.0% | Unchanged |
| Dec 13, 2004 | Jan 3, 2005 | $0.0675 | +0.0% | Unchanged |
| Sep 13, 2004 | Oct 1, 2004 | $0.0675 | +0.0% | Unchanged |
| Jun 14, 2004 | Jul 1, 2004 | $0.0675 | +8.0% | Raise |
| Mar 11, 2004 | Apr 1, 2004 | $0.0625 | +0.0% | Unchanged |
| Dec 11, 2003 | Jan 2, 2004 | $0.0625 | +0.0% | Unchanged |
| Sep 11, 2003 | Oct 1, 2003 | $0.0625 | +0.0% | Unchanged |
| Jun 12, 2003 | Jul 1, 2003 | $0.0625 | — | First |
M dividend history — FAQ
How much is M's dividend?
As of Oct 19, 2026, M's most recent dividend was $0.1920 per share, with an ex-dividend date of Sep 15, 2026 and a pay date of Oct 1, 2026. Over the last 12 months it paid $0.7580 per share across 4 payments, a trailing yield of 3.16%.
How often does M pay a dividend?
Macy's, Inc. pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.
When is M's next dividend?
M's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.
Has M ever cut its dividend?
Yes. Our payment-by-payment record shows 2 regular payments lower than the one before it; the most recent annual reduction was in 2022.
How much did M pay in dividends in 2025?
M paid $0.7280 per share across 4 payments in 2025, up 4.6% from 2024.
What was M's total return including dividends over the last year?
Over the 12 months to Oct 19, 2026, M paid $0.7580 per share, 4.25% of its price a year earlier, while its price moved +34.7%. That is an approximate total return of +38.9% before taxes and reinvestment.
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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to M