Macy's Inc

STU : FDO
USA·Consumer Cyclical·Retail - Cyclical
€21.50
−0.82 (−4.98%)Oct 15 close
Market Cap
€5.65B
Enterprise Value
€9.79B
P/E (TTM)
10.81
P/B
1.12
Net Cash / (Debt)
−€3.37B
52-Week Range
€15 — €23
5-Year Range
€8.77 — €33
Avg Volume (3M)
1.20K
Dividend Yield (TTM)
1.50%
vs 5Y avg 3.59% · 10Y avg 5.38%
Dividend Yield (Forward)
3.11%
4 payments/yr (spacing)
Dividends / Share (TTM)
$0.3739
Forward (annualized): $0.766
Payout Ratio (EPS, TTM)
31.8%
Payout Ratio (FCF, TTM)
29.8%
Dividend CAGR (3Y / 5Y / 10Y)
3Y5.0%5Y14.1%10Y-3.4%
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
9.27%
Div 4.06% + Net buyback 5.21%

Growth, streak and CAGR figures exclude special dividends.

Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).

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)
9.3%
Dividends 4.1% + Net buybacks 5.2%
Net Buyback (TTM)
€218M
Gross €218M − Issuance €0
SBC (TTM)
€52M
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
20181.510.0%0
20171.51+1.2%0
20161.49+44.6%1
20151.03-13.1%1
20141.19+25.0%1
20130.95+18.7%1
20120.80+128.6%1
20110.35+250.0%1

Special dividends are excluded from these figures. Based on 57 regular payments.

Payment history (57 payments)

Δ%TypeFrequencyDeclarationRecordPay date
2026-03-13$0.1915+5.0%Cashquarterly-2026-03-132026-04-01
2025-12-15$0.18240.0%Cashquarterly-2025-12-152026-01-02
2025-09-15$0.18240.0%Cashquarterly-2025-09-152025-10-01
2025-06-13$0.18240.0%Cashquarterly-2025-06-132025-07-01
2025-03-14$0.1824+5.0%Cashquarterly-2025-03-142025-04-01
2024-12-13$0.17370.0%Cashquarterly-2024-12-132025-01-02
2024-09-13$0.17370.0%Cashquarterly-2024-09-132024-10-01
2024-06-14$0.17370.0%Cashquarterly-2024-06-142024-07-01
2024-03-14$0.1737+5.0%Cashquarterly-2024-03-152024-04-01
2023-12-14$0.16540.0%Cashquarterly-2023-12-152024-01-02
2023-09-14$0.16540.0%Cashquarterly-2023-09-152023-10-02
2023-06-14$0.16540.0%Cashquarterly-2023-06-152023-07-03
2023-03-14$0.1654+5.0%Cashquarterly-2023-03-152023-04-03
2022-12-14$0.15750.0%Cashquarterly-2022-12-152023-01-03
2022-09-14$0.15750.0%Cashquarterly-2022-09-152022-10-03
2022-06-14$0.15750.0%Cashquarterly-2022-06-152022-07-01
2022-03-14$0.1575+5.0%Cashquarterly-2022-03-152022-04-01
2021-12-14$0.150.0%Cashquarterly-2021-12-152022-01-03
2021-09-14$0.15-60.3%Cashquarterly-2021-09-152021-10-01
2020-03-12$0.37750.0%Cashquarterly-2020-03-132020-04-01
2019-12-12$0.37750.0%Cashquarterly-2019-12-132020-01-02
2019-09-12$0.37750.0%Cashquarterly-2019-09-132019-10-01
2019-06-13$0.37750.0%Cashquarterly-2019-06-142019-07-01
2019-03-14$0.37750.0%Cashquarterly-2019-03-152019-04-01
2018-12-13$0.37750.0%Cashquarterly-2018-12-142019-01-02
2018-09-13$0.37750.0%Cashquarterly-2018-09-142018-10-01
2018-06-14$0.37750.0%Cashquarterly-2018-06-152018-07-02
2018-03-14$0.37750.0%Cashquarterly-2018-03-152018-04-02
2017-12-14$0.37750.0%Cashquarterly-2017-12-152018-01-02
2017-09-14$0.37750.0%Cashquarterly-2017-09-152017-10-02
2017-06-13$0.37750.0%Cashquarterly-2017-06-152017-07-03
2017-03-13$0.37750.0%Cashquarterly-2017-03-152017-04-03
2016-12-13$0.37750.0%Cashquarterly-2016-12-152017-01-03
2016-09-13$0.37750.0%Cashquarterly-2016-09-152016-10-03
2016-06-13$0.3775+4.9%Cashquarterly-2016-06-152016-07-01
2016-03-11$0.360.0%Cashquarterly-2016-03-152016-04-01
2015-09-11$0.360.0%Cashquarterly-2015-09-152015-10-01
2015-06-11$0.36+15.2%Cashquarterly-2015-06-152015-07-01
2015-03-11$0.31250.0%Cashquarterly-2015-03-132015-04-01
2014-12-11$0.31250.0%Cashquarterly-2014-12-152015-01-02
2014-09-11$0.31250.0%Cashquarterly-2014-09-152014-10-01
2014-06-11$0.3125+25.0%Cashquarterly-2014-06-132014-07-01
2014-03-12$0.250.0%Cashquarterly-2014-03-142014-04-01
2013-12-11$0.250.0%Cashquarterly-2013-12-132014-01-02
2013-09-11$0.250.0%Cashquarterly-2013-09-132013-10-01
2013-06-12$0.25+25.0%Cashquarterly-2013-06-142013-07-01
2013-03-13$0.20.0%Cashquarterly-2013-03-152013-04-01
2012-12-12$0.20.0%Cashquarterly-2012-12-142013-01-02
2012-09-12$0.20.0%Cashquarterly-2012-09-142012-10-01
2012-06-13$0.20.0%Cashquarterly-2012-06-152012-07-02
2012-03-13$0.2+100.0%Cashquarterly-2012-03-152012-04-02
2011-12-13$0.10.0%Cashquarterly-2011-12-152012-01-03
2011-09-13$0.10.0%Cashquarterly-2011-09-152011-10-03
2011-06-13$0.1+100.0%Cashquarterly-2011-06-152011-07-01
2011-03-11$0.050.0%Cashquarterly-2011-03-152011-04-01
2010-12-13$0.050.0%Cashquarterly-2010-12-152011-01-03
2010-09-13$0.05–Cashquarterly-2010-09-152010-10-01
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.