Macy’s, Inc. (M) To Go Ex-Dividend on June 15th

by · The Markets Daily

Macy’s, Inc. (NYSE:M – Get Free Report) announced a quarterly dividend on Friday, May 15th. Investors of record on Monday, June 15th will be paid a dividend of 0.1915 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, June 15th.

Macy’s has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. Macy’s has a payout ratio of 40.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Macy’s to earn $2.26 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 33.6%.

Macy’s Price Performance

M stock traded up $0.37 during midday trading on Friday, reaching $25.41. 7,706,478 shares of the stock were exchanged, compared to its average volume of 7,454,594. The stock has a market capitalization of $6.68 billion, a PE ratio of 10.50 and a beta of 1.48. Macy’s has a 52 week low of $10.54 and a 52 week high of $25.65. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.48 and a quick ratio of 0.44. The company has a fifty day moving average price of $20.17 and a 200 day moving average price of $20.70.

Macy’s (NYSE:M – Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.61 billion. Macy’s had a return on equity of 13.68% and a net margin of 2.94%.Macy’s’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS. Macy’s has set its Q2 2026 guidance at 0.290-0.340 EPS and its FY 2026 guidance at 2.000-2.200 EPS. As a group, analysts expect that Macy’s will post 2.15 EPS for the current fiscal year.

Macy’s Company Profile

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Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.

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