Macy’s, Inc. Board Declares Quarterly Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: -0.4%
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CINCINNATI--(BUSINESS WIRE)-- The board of directors of Macy's, Inc. (NYSE: M) today declared a regular quarterly dividend of 37.75 cents per share on Macy's common stock, payable Oct. 3, 2016, to shareholders of record at the close of business on Sep. 15, 2016.
Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2015 sales of $27.079 billion. The company operates about 880 stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Bloomingdale’s in Dubai is operated by Al Tayer Group LLC under a license agreement.
(NOTE: Additional information on Macy’s, Inc., including past news releases, is available at www.macysinc.com/pressroom)
View source version on businesswire.com: http://www.businesswire.com/news/home/20160826005402/en/
Macy's, Inc.
Media
Jim Sluzewski, 513-579-7764
or
Investors
Matt
Stautberg, 513-579-7780
Source: Macy's, Inc.
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