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Macy's (M) Declares $0.36 Quarterly Dividend; 3.4% Yield

February 26, 2016 10:43 AM EST

Macy's (NYSE: M) declared a quarterly dividend of $0.36 per share, or $1.44 annualized.

The dividend will be payable on April 1, 2016, to stockholders of record on March 15, 2016, with an ex-dividend date of March 11, 2016.

The annual yield on the dividend is 3.4 percent.

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