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$24.10Today:- (-)1Y +29.67%

As of Oct 23, 2026 close

Market cap
$6.55B
P/E (TTM)
8.74
Forward P/E
4.41
Dividend yield
3.13%
52-week range
$16.69$26.59
Volume (live)
-
Avg. volume (3M)
6.51M

Macy's (M) Dividend History

Complete ex-dividend dates, payment schedules, dividend yields, CAGR growth rates, and payout ratios.

Project your income from M dividends in the Dividend Calculator

Annual Dividend (TTM)
$0.7569
Quarterly
Dividend Yield
3.13%
Last ex-date: Sep 15, 2026
Payout Ratio (TTM)
27.60%
Percentage of earnings paid as dividends
Dividend Growth
4.99%
4 consecutive years

Macy's (M) Dividend Statistics & Metrics

Comprehensive dividend yields, CAGR growth rates, payout ratios, and payment frequency analysis

Payment Details

Dividend payment schedule and frequency details

FrequencyQuarterly
Last Payment$0.1915
Last Ex-DateSep 15, 2026
Last Payment DateOct 1, 2026

Growth Metrics

Dividend CAGR and consecutive years of growth

Consecutive Years4 years
TTM Growth (YoY)4.99%
3-Year CAGR5.01%
5-Year CAGR14.06%
10-Year CAGR-6.26%

Historical Averages

Multi-year dividend averages and payout ratio

Payout Ratio (TTM)27.60%
5-Year Average$0.6032
10-Year Average$0.9424
First PaymentJun 12, 2003

M Historical Dividend Distribution Trend Chart

Visualize dividend payout amounts, distribution growth trends, income yield patterns, and stock splits over time

Loading chart...

Macy's (M) Dividend Payment History

Complete ex-dividend dates, record dates, payment dates, amounts, and frequency

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Complete dividend payment history including ex-dividend dates, record dates, payment dates, declaration dates, amounts, frequency, and type
Ex-Dividend DateRecord DatePayment DateDeclaration DateAmountFrequency
Sep 15, 2026Sep 15, 2026Oct 1, 2026Aug 28, 2026$0.1915Quarterly
Jun 15, 2026Jun 15, 2026Jul 1, 2026May 15, 2026$0.1915Quarterly
Mar 13, 2026Mar 13, 2026Apr 1, 2026Feb 27, 2026$0.1915Quarterly
Dec 15, 2025Dec 15, 2025Jan 2, 2026Oct 24, 2025$0.1824Quarterly
Sep 15, 2025Sep 15, 2025Oct 1, 2025Aug 22, 2025$0.1824Quarterly
Jun 13, 2025Jun 13, 2025Jul 1, 2025May 16, 2025$0.1824Quarterly
Mar 14, 2025Mar 14, 2025Apr 1, 2025Feb 28, 2025$0.1824Quarterly
Dec 13, 2024Dec 13, 2024Jan 2, 2025Oct 25, 2024$0.1737Quarterly
Sep 13, 2024Sep 13, 2024Oct 1, 2024Aug 23, 2024$0.1737Quarterly
Jun 14, 2024Jun 14, 2024Jul 1, 2024May 16, 2024$0.1737Quarterly
Mar 14, 2024Mar 15, 2024Apr 1, 2024Feb 23, 2024$0.1737Quarterly
Dec 14, 2023Dec 15, 2023Jan 2, 2024Oct 27, 2023$0.1654Quarterly
Sep 14, 2023Sep 15, 2023Oct 2, 2023Aug 25, 2023$0.1654Quarterly
Jun 14, 2023Jun 15, 2023Jul 3, 2023May 31, 2023$0.1654Quarterly
Mar 14, 2023Mar 15, 2023Apr 3, 2023Feb 24, 2023$0.1654Quarterly
Dec 14, 2022Dec 15, 2022Jan 3, 2023Oct 28, 2022$0.1575Quarterly
Sep 14, 2022Sep 15, 2022Oct 3, 2022Aug 26, 2022$0.1575Quarterly
Jun 14, 2022Jun 15, 2022Jul 1, 2022May 26, 2022$0.1575Quarterly
Mar 14, 2022Mar 15, 2022Apr 1, 2022Feb 22, 2022$0.1575Quarterly
Dec 14, 2021Dec 15, 2021Jan 3, 2022Oct 22, 2021$0.1500Quarterly
Sep 14, 2021Sep 15, 2021Oct 1, 2021Aug 18, 2021$0.1500Quarterly
Mar 12, 2020-Apr 1, 2020Feb 28, 2020$0.3780Quarterly
Dec 12, 2019-Jan 2, 2020Oct 25, 2019$0.3780Quarterly
Sep 12, 2019-Oct 1, 2019Aug 23, 2019$0.3780Quarterly
Jun 13, 2019-Jul 1, 2019May 17, 2019$0.3780Quarterly
Mar 14, 2019-Apr 1, 2019Feb 22, 2019$0.3780Quarterly
Dec 13, 2018-Jan 2, 2019Oct 26, 2018$0.3780Quarterly
Sep 13, 2018-Oct 1, 2018Aug 24, 2018$0.3780Quarterly
Jun 14, 2018-Jul 2, 2018May 18, 2018$0.3780Quarterly
Mar 14, 2018-Apr 2, 2018Feb 23, 2018$0.3780Quarterly
Dec 14, 2017-Jan 2, 2018Oct 27, 2017$0.3780Quarterly
Sep 14, 2017-Oct 2, 2017Aug 25, 2017$0.3780Quarterly
Jun 13, 2017-Jul 3, 2017May 11, 2017$0.3780Quarterly
Mar 13, 2017-Apr 3, 2017Feb 24, 2017$0.3780Quarterly
Dec 13, 2016-Jan 3, 2017Oct 28, 2016$0.3780Quarterly
Sep 13, 2016-Oct 3, 2016Aug 26, 2016$0.3780Quarterly
Jun 13, 2016-Jul 1, 2016May 11, 2016$0.3780Quarterly
Mar 11, 2016-Apr 1, 2016Feb 26, 2016$0.3600Quarterly
Dec 11, 2015-Jan 4, 2016Nov 9, 2015$0.3600Quarterly
Sep 11, 2015-Oct 1, 2015Aug 28, 2015$0.3600Quarterly
Jun 11, 2015-Jul 1, 2015May 13, 2015$0.3600Quarterly
Mar 11, 2015-Apr 1, 2015Feb 27, 2015$0.3130Quarterly
Dec 11, 2014-Jan 2, 2015Oct 24, 2014$0.3130Quarterly
Sep 11, 2014-Oct 1, 2014Aug 22, 2014$0.3130Quarterly
Jun 11, 2014-Jul 1, 2014May 14, 2014$0.3130Quarterly
Mar 12, 2014-Apr 1, 2014Feb 28, 2014$0.2500Quarterly
Dec 11, 2013-Jan 2, 2014Oct 25, 2013$0.2500Quarterly
Sep 11, 2013-Oct 1, 2013Aug 23, 2013$0.2500Quarterly
Jun 12, 2013-Jul 1, 2013May 15, 2013$0.2500Quarterly
Mar 13, 2013-Apr 1, 2013Feb 22, 2013$0.2000Quarterly
Dec 12, 2012-Jan 2, 2013Oct 26, 2012$0.2000Quarterly
Sep 12, 2012-Oct 1, 2012Aug 24, 2012$0.2000Quarterly
Jun 13, 2012-Jul 2, 2012May 21, 2012$0.2000Quarterly
Mar 13, 2012-Apr 2, 2012Jan 6, 2012$0.2000Quarterly
Dec 13, 2011-Jan 3, 2012Oct 31, 2011$0.1000Quarterly
Sep 13, 2011-Oct 3, 2011Aug 29, 2011$0.1000Quarterly
Jun 13, 2011-Jul 1, 2011May 12, 2011$0.1000Quarterly
Mar 11, 2011-Apr 1, 2011Feb 28, 2011$0.0500Quarterly
Dec 13, 2010-Jan 3, 2011Oct 25, 2010$0.0500Quarterly
Sep 13, 2010-Oct 1, 2010Aug 23, 2010$0.0500Quarterly
Jun 11, 2010-Jul 1, 2010May 17, 2010$0.0500Quarterly
Mar 11, 2010-Apr 1, 2010Feb 22, 2010$0.0500Quarterly
Dec 11, 2009-Jan 4, 2010Oct 26, 2009$0.0500Quarterly
Sep 11, 2009-Oct 1, 2009Aug 24, 2009$0.0500Quarterly
Jun 11, 2009-Jul 1, 2009May 18, 2009$0.0500Quarterly
Mar 11, 2009-Apr 1, 2009Feb 2, 2009$0.0500Quarterly
Dec 11, 2008-Jan 2, 2009Oct 24, 2008$0.1330Quarterly
Sep 11, 2008-Oct 1, 2008Aug 22, 2008$0.1330Quarterly
Jun 11, 2008-Jul 1, 2008May 16, 2008$0.1330Quarterly
Mar 12, 2008-Apr 1, 2008Feb 22, 2008$0.1300Quarterly
Dec 12, 2007-Jan 2, 2008Oct 26, 2007$0.1300Quarterly
Sep 12, 2007-Oct 1, 2007Aug 24, 2007$0.1300Quarterly
Jun 13, 2007-Jul 2, 2007May 18, 2007$0.1300Quarterly
Mar 13, 2007-Apr 2, 2007Feb 27, 2007$0.1280Quarterly
Dec 13, 2006-Jan 2, 2007Oct 26, 2006$0.1280Quarterly
Sep 13, 2006-Oct 2, 2006Aug 25, 2006$0.1280Quarterly
Jun 14, 2006-Jul 3, 2006Mar 28, 2006$0.1280Quarterly
Mar 13, 2006-Apr 3, 2006Feb 24, 2006$0.1250Quarterly
Dec 13, 2005-Jan 2, 2006Oct 28, 2005$0.1250Quarterly
Aug 30, 2005-Oct 3, 2005Aug 30, 2005$0.1250Quarterly
Jun 13, 2005-Jul 1, 2005May 20, 2005$0.0675Quarterly
Mar 11, 2005-Apr 1, 2005Feb 25, 2005$0.0675Quarterly
Dec 13, 2004-Jan 3, 2005Oct 21, 2004$0.0675Quarterly
Sep 13, 2004-Oct 1, 2004Aug 27, 2004$0.0675Quarterly
Jun 14, 2004-Jul 1, 2004May 21, 2004$0.0675Quarterly
Mar 11, 2004-Apr 1, 2004Feb 20, 2004$0.0625Quarterly
Dec 11, 2003-Jan 2, 2004Oct 24, 2003$0.0625Quarterly
Sep 11, 2003-Oct 1, 2003Aug 22, 2003$0.0625Quarterly
Jun 12, 2003-Jul 1, 2003Apr 16, 2003$0.0625-

Source: Dividend declarations and payment records. Data as of Sep 15, 2026. Data sources and methodology

Frequently Asked Questions About Macy's Dividends

What is M's current dividend yield?

Macy's, Inc.'s dividend yield is 3.13% as of the Oct 23, 2026 close, calculated by dividing the annual dividend by the share price.

When is M's ex-dividend date?

The most recent ex-dividend date for M was September 15, 2026. Check the Dividend Payment History table for upcoming dates.

How often does M pay dividends?

Macy's, Inc. pays dividends quarterly. View the complete payment history in the table above.

What is M's dividend payout ratio?

Macy's, Inc.'s trailing twelve-month (TTM) payout ratio is 27.60%, the share of earnings paid to shareholders as dividends.

What is M's dividend growth rate?

Macy's, Inc.'s dividend grew 4.99% over the past year, with 4 consecutive years of dividend growth.