Macys (NYSE: M) declared a quarterly dividend of $0.3125 per share, or $1.25 annualized. This is a 25% increase from the prior dividend of $0.2500.

The dividend will be payable on July 1, 2014, to stockholders of record on June 13, 2014, with an ex-dividend date of June 11, 2014.

The annual yield on the dividend is 2.2 percent.

For a dividend history and other dividend-related data on Macys (M) click here.