Macy's Increases Quarterly Dividend by 5%

Published 6 hours agoM

Macy's, Inc. has announced a 5% boost in its quarterly dividend, now set at $0.1824 per share, which marks an increase from the previous $0.1737 per share. This dividend is scheduled for payment on April 1, 2025, with the record date for shareholders on March 14, 2025.

The annualized dividend now stands at $0.73 per share, providing a yield of approximately 5.45%, according to Marketbeat. The payout ratio is reported at 29.4%, demonstrating that the dividend is well-supported by the company's earnings.

This increase signals Macy's ongoing dedication to enhancing shareholder value through consistent dividend growth. As noted on their investor relations site, the company's financial strategies continue to focus on returning capital to investors.

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