Macy’s, Inc. (NYSE:M) to Issue $0.19 Quarterly Dividend

Posted by Geri Gentry on Sep 13th, 2026

Macy's logo Macy’s, Inc. (NYSE:M – Get Free Report) announced a quarterly dividend on Friday, August 28th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.1915 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Macy’s has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. Macy’s has a dividend payout ratio of 40.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Macy’s to earn $2.39 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 31.8%.

Macy’s Stock Performance

Shares of Macy’s stock traded up $1.53 during trading hours on Friday, reaching $22.03. The company had a trading volume of 10,273,860 shares, compared to its average volume of 5,847,674. Macy’s has a one year low of $16.41 and a one year high of $26.58. The business has a fifty day simple moving average of $23.47 and a 200 day simple moving average of $21.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.59 and a quick ratio of 0.44. The firm has a market cap of $5.79 billion, a PE ratio of 8.07 and a beta of 1.41.

Macy’s (NYSE:M – Get Free Report) last released its quarterly earnings data on Thursday, September 10th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.26. Macy’s had a return on equity of 13.21% and a net margin of 3.29%.The company had revenue of $5.06 billion for the quarter, compared to analyst estimates of $4.81 billion. During the same period in the previous year, the company posted $0.41 EPS. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. Macy’s has set its Q3 2026 guidance at -0.230–0.190 EPS and its FY 2026 guidance at 2.150-2.350 EPS. On average, analysts anticipate that Macy’s will post 2.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Macy’s

In other news, EVP Thomas Edwards, Jr. sold 16,419 shares of Macy’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $24.89, for a total transaction of $408,668.91. Following the completion of the sale, the executive vice president directly owned 20,000 shares of the company’s stock, valued at approximately $497,800. The trade was a 45.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Paul Griscom sold 10,077 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $25.63, for a total transaction of $258,273.51. Following the completion of the transaction, the senior vice president owned 25,373 shares of the company’s stock, valued at $650,309.99. This trade represents a 28.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.05% of the company’s stock.

Hedge Funds Weigh In On Macy’s

Institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its stake in Macy’s by 51.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock worth $34,000 after buying an additional 526 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Macy’s by 35.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,838 shares of the company’s stock worth $41,000 after acquiring an additional 486 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Macy’s by 37.0% in the 2nd quarter. Allworth Financial LP now owns 2,270 shares of the company’s stock worth $53,000 after acquiring an additional 613 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Macy’s by 263.3% in the 4th quarter. IFP Advisors Inc now owns 2,427 shares of the company’s stock worth $54,000 after acquiring an additional 1,759 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Macy’s in the 4th quarter valued at $54,000. 87.36% of the stock is currently owned by institutional investors.

About Macy’s

(Get Free Report)

Macy’s, Inc is an American omnichannel retailer that sells a broad range of merchandise through department stores, specialty stores and digital platforms. Its product offerings include apparel, accessories, beauty products, home furnishings, jewelry, furniture and other consumer goods.

The company operates through several well-known retail banners, including Macy’s, Bloomingdale’s and Bluemercury. Macy’s serves customers primarily in the United States through its stores and e-commerce websites, while Bloomingdale’s offers fashion, accessories, beauty and home merchandise through department stores, outlets and digital channels.