Macy's Inc

LTS : 0JXD
USA·Consumer Cyclical·Retail - Cyclical
$24.22
+0.18 (+0.80%)Oct 16 close
Market Cap
$6.37B
Enterprise Value
$10.43B
P/E (TTM)
8.85
P/B
1.28
Net Cash / (Debt)
—
52-Week Range
$17 — $27
5-Year Range
$10 — $38
Avg Volume (3M)
5.54M
ListingsLTSMEXSTUWBONYSE
Dividend Yield (TTM)
3.13%
vs 5Y avg 3.65% · 10Y avg 5.01%
Dividend Yield (Forward)
3.16%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.7569
Forward (annualized): $0.766
Payout Ratio (EPS, TTM)
26.3%
Payout Ratio (FCF, TTM)
14.0%
Dividend CAGR (3Y / 5Y / 10Y)
3Y5.0%5Y14.1%10Y—
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
6.76%
Div 3.35% + Net buyback 3.42%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)
6.8%
Dividends 3.3% + Net buybacks 3.4%
Net Buyback (TTM)
$202M
Gross $205M − Issuance $3M
SBC (TTM)
$63M
Share-based compensation, dilution driver
Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (5.0% latest vs 40.0% 3-yr avg).

YearDPS (regular sum, USD)ChangeHikes
20250.7296+5.0%1
20240.6948+5.0%1
20230.6616+5.0%1
20220.63+110.0%1
20210.30-20.5%0
20200.3775-75.0%0
20191.510.0%0
20181.51—0

Special dividends are excluded from these figures. Based on 30 regular payments.

Payment history (30 payments)

Δ%TypeFrequencyDeclarationRecordPay date
2026-09-15$0.19150.0%Cashquarterly2026-08-272026-09-152026-10-01
2026-06-15$0.19150.0%Cashquarterly2026-05-152026-06-152026-07-01
2026-03-13$0.1915+5.0%Cashquarterly2026-02-272026-03-132026-04-01
2025-12-15$0.18240.0%Cashquarterly2025-10-242025-12-152026-01-02
2025-09-15$0.18240.0%Cashquarterly2025-08-222025-09-152025-10-01
2025-06-13$0.18240.0%Cashquarterly2025-05-162025-06-132025-07-01
2025-03-14$0.1824+5.0%Cashquarterly2025-02-282025-03-142025-04-01
2024-12-13$0.17370.0%Cashquarterly2024-10-252024-12-132025-01-02
2024-09-13$0.17370.0%Cashquarterly2024-08-232024-09-132024-10-01
2024-06-14$0.17370.0%Cashquarterly2024-05-162024-06-142024-07-01
2024-03-14$0.1737+5.0%Cashquarterly2024-02-232024-03-152024-04-01
2023-12-14$0.16540.0%Cashquarterly2023-10-272023-12-152024-01-02
2023-09-14$0.16540.0%Cashquarterly2023-08-252023-09-152023-10-02
2023-06-14$0.16540.0%Cashquarterly2023-06-012023-06-152023-07-03
2023-03-14$0.1654+5.0%Cashquarterly2023-02-242023-03-152023-04-03
2022-12-14$0.15750.0%Cashquarterly2022-10-282022-12-152023-01-03
2022-09-14$0.15750.0%Cashquarterly2022-08-262022-09-152022-10-03
2022-06-14$0.15750.0%Cashquarterly2022-05-262022-06-152022-07-01
2022-03-14$0.1575+5.0%Cashquarterly2022-02-222022-03-152022-04-01
2021-12-14$0.150.0%Cashquarterly2021-10-222021-12-152022-01-03
2021-09-14$0.15-60.3%Cashquarterly2021-08-192021-09-152021-10-01
2020-03-12$0.37750.0%Cashquarterly2020-02-282020-03-132020-04-01
2019-12-12$0.37750.0%Cashquarterly2019-10-252019-12-132020-01-02
2019-09-12$0.37750.0%Cashquarterly2019-08-232019-09-132019-10-01
2019-06-13$0.37750.0%Cashquarterly2019-05-172019-06-142019-07-01
2019-03-14$0.37750.0%Cashquarterly2019-02-222019-03-152019-04-01
2018-12-13$0.37750.0%Cashquarterly2018-10-262018-12-142019-01-02
2018-09-13$0.37750.0%Cashquarterly2018-08-242018-09-142018-10-01
2018-06-14$0.37750.0%Cashquarterly2018-05-182018-06-152018-07-02
2018-03-14$0.3775–Cashquarterly2018-02-232018-03-152018-04-02
No splits on record.