Macy’s declares quarterly dividend of 18.24 cents per share

Published 24/10/2025, 18:14
Macy’s declares quarterly dividend of 18.24 cents per share

NEW YORK - Macy’s, Inc. (NYSE:M) announced Friday that its board of directors has declared a regular quarterly dividend of 18.24 cents per share on the company’s common stock. The retailer has maintained dividend payments for 23 consecutive years and increased them for the past three years, according to InvestingPro data.

The dividend will be payable on January 2, 2026, to shareholders of record at the close of business on December 15, 2025, according to a press release issued by the retailer. The current dividend yield stands at 4.09%, while the stock trades near its 52-week high with a 66% return over the past six months.

Macy’s operates under three main retail brands: Macy’s, Bloomingdale’s, and Bluemercury. The company maintains both digital platforms and physical stores across the United States.

The quarterly dividend announcement comes as part of the company’s regular financial operations. Macy’s is headquartered in New York City.

In other recent news, Macy’s has opened a new customer fulfillment and store replenishment center in China Grove, North Carolina. This 2.5 million square foot facility is the largest in the company’s network and features advanced automation technology, enhancing Macy’s supply chain capabilities. Meanwhile, BTIG has initiated coverage on Macy’s stock with a Neutral rating, acknowledging the retailer’s strategic progress but expressing caution due to recent price appreciation. Additionally, an affiliate of Navient Funding, LLC has announced plans for the upcoming auctions of SLM Student Loan Trust 2006-7 notes, intending to submit a Hold Order for all Class A-6B Notes it currently holds. Kidoz Inc. has scheduled its Annual General Meeting of Shareholders for November 25, 2025, with procedures for participation detailed in a recent SEC filing. Furthermore, TPG Twin Brook Capital Income Fund has amended its credit facilities, reducing interest rates and extending maturities, following a recent SEC filing. These developments reflect ongoing strategic and financial activities across these companies.

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