Macy's (M) Ex-Dividend Date & Pay Dates

Macy's (M) pays its dividend every quarter, usually in January, April, July and October. The next payment is on Jan 4, 2027, to shareholders who own M before the Dec 15, 2026 ex-dividend date.

M's last 4 regular dividends were paid in January, April, July and October. Companies tend to keep the same months year after year, though the exact dates move by a few days.

As of Nov 5, 2026, the next M ex-dividend date on record is Dec 15, 2026, with a pay date of Jan 4, 2027. To receive the dividend you must own M shares before this date.

The ex-dividend date is the cut-off for owning a stock in time to receive its next dividend. If you buy M on or after the ex-dividend date, the seller — not you — receives the upcoming payment. Buy before it and you're entitled to the dividend.

You must own M before the ex-dividend date — i.e. buy at least one trading day earlier. Since the move to T+1 settlement, the record date and ex-dividend date now fall on the same day, so the ex-date is the deadline that matters.

As of Nov 5, 2026, M's most recent dividend was $0.1920 per share, paid on a quarterly basis — about $0.77 per share annually, a forward yield of roughly 2.98%.