Macy's (M) Reinstates $0.15 Quarterly Dividend; Approves $500M Buyback Plan
Get Alerts M Hot Sheet
Price: $19.01 +1.39%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 3.2%
Revenue Growth %: -4.0%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 3.2%
Revenue Growth %: -4.0%
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Macy's (NYSE: M) reinstated a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on October 1, 2021, to stockholders of record on September 15, 2021, with an ex-dividend date of September 14, 2021.
The annual yield on the dividend is 3.3 percent.
The company’s board of directors has authorized a $500 million share repurchase program.
For a dividend history and other dividend-related data on Macy's (M) click here.
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