Macy's (M) Raises Quarterly Dividend 4.9% to $0.3775; 4.1% Yield

Macy's (NYSE: M) declared a quarterly dividend of $0.3775 per share, or $1.51 annualized. This is a 4.9% increase from the prior dividend of $0.36.

The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016.

The annual yield on the dividend is 4.1 percent.

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

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