Macy's (M) Declares $0.10 Quarterly Dividend; 1.7% Yield

Macy's (NYSE: M) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.

The dividend will be payable on October 3, 2011, to stockholders of record on September 15, 2011, with an ex-dividend date of August 26, 2011.

The annual yield on the dividend is 1.7 percent.

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