Macy's (M) Reinstates $0.15 Quarterly Dividend; Approves $500M Buyback Plan

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.

You May Also Be Interested In

• Douglas Dynamics (PLOW) Declares $0.295 Quarterly Dividend; 2.9% Yield
• PulteGroup (PHM) Declares $0.26 Quarterly Dividend; 0.8% Yield
• Dine Brands Global (DIN) Declares $0.19 Quarterly Dividend; 2.4% Yield