Macy's

Dividends on Macy's (M) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of Macy's dividends and the date is approved by shareholders.

For receiving Macy's’s dividends it’s necessary to buy the stocks of the company (M) no more than 2 days before the closing of the register on 14.06.2024, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive Macy's dividends will be 12.06.2024

For dividends you can track the date of the last day for purchasing Macy's stocks (M) in Dividend Calendar.

To receive Macy's (M) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of Macy's shareholders (M) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for Macy's (M) dividends was set for 14.06.2024.

Due to the T+2 trading mode, for receiving Macy's’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy Macy's stocks is to be 12.06.2024.

See the event caledar and the dividend calendar, as well as upcoming Macy's events in order not to miss the dividends.

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 14.06.2024 at latest! Thus, Macy's’s dividends should arrive no later than 0.17sDate.

Remember that after the cut-off date, Macy's’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, Macy's’s dividend gap may be less than the dividend.

By the law, Macy's is obliged to pay within the next 25 working days from the date of the 14.06.2024. Thus, the deadline for dividend payment on Macy's stocks can be considered as 0.17sDate, but the company usually pays earlier than 25 working days.

For receiving Macy's’s dividends, it is enough to buy or to own 1 share. If you buy 100 Macy's’s stocks, you will receive dividends in the amount of 17 $ for it. Last time, the board of directors recommended to pay 0.17 $ per share.

According to the last recommendations of Macy's’s board of directors, you will receive 0.17 $ as dividend payment.

The history of Macy's’s dividend payment is reflected in the Macy's’s card in the tab Dividends.

The dividend yield of Macy's’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.17 $, that means that your current dividend yield on Macy's’s stocks is 0.84%.

It is important to remember that a high dividend yield is not a reason to buy Macy's stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and Macy's’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

Lately Macy's has been paying dividends 4 time a year. See the history of Macy's’s dividends in order to check and verify the frequency of dividend payments as Macy's’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for Macy's stocks you may see on a given page above.