Macy's, Inc. (M) dividend history
MNYSERetail-Department StoresFiscal year ends February 1
Financials through Q2 FY2026, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 10, 2026Score 15/3046% below fair value
$24.70+0.37 (+1.52%)
Close on Nov 13, 2026Market cap $6.45BP/E 9.0Yield 2.96%
Dividends
Dividend declared per share by fiscal year, adjusted for stock splits
Per share, FY2025
$0.73
+5.8% on the prior year
Consecutive increases
4 years
Every year since FY2021
Dividend yield
2.96%
Latest annual dividend ÷ share price
Payout ratio, FY2025
30.7%
Dividends paid ÷ net income
Dividend payments
Every dividend Macy's has paid, newest first. Shares held at the close of the last day with dividend receive it; shares bought on the ex-dividend date or later do not.
| Ex-dividend | Last day to buy | Record | Payable | Declared | Per share | Source |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | Sep 14, 2026 | Sep 15, 2026 | Oct 1, 2026 | Aug 28, 2026 | $0.192 | – |
| Jun 15, 2026 | Jun 12, 2026 | Jun 15, 2026 | Jul 1, 2026 | May 15, 2026 | $0.192 | 10-Q |
| Mar 13, 2026 | Mar 12, 2026 | Mar 13, 2026 | Apr 1, 2026 | Feb 27, 2026 | $0.192 | 10-Q |
| Dec 15, 2025 | Dec 12, 2025 | Dec 15, 2025 | Jan 2, 2026 | Oct 24, 2025 | $0.182 | 10-Q |
| Sep 15, 2025 | Sep 12, 2025 | Sep 15, 2025 | Oct 1, 2025 | Aug 22, 2025 | $0.182 | 10-Q |
| Jun 13, 2025 | Jun 12, 2025 | Jun 13, 2025 | Jul 1, 2025 | May 16, 2025 | $0.182 | 10-Q |
| Mar 14, 2025 | Mar 13, 2025 | Mar 14, 2025 | Apr 1, 2025 | Feb 28, 2025 | $0.182 | 10-Q |
| Dec 13, 2024 | Dec 12, 2024 | Dec 13, 2024 | Jan 2, 2025 | Oct 25, 2024 | $0.174 | 10-Q |
| Sep 13, 2024 | Sep 12, 2024 | Sep 13, 2024 | Oct 1, 2024 | Aug 23, 2024 | $0.174 | 10-Q |
| Jun 14, 2024 | Jun 13, 2024 | Jun 14, 2024 | Jul 1, 2024 | May 16, 2024 | $0.174 | 10-Q |
| Mar 14, 2024 | Mar 13, 2024 | Mar 15, 2024 | Apr 1, 2024 | Feb 23, 2024 | $0.174 | 10-Q |
| Dec 14, 2023 | Dec 13, 2023 | Dec 15, 2023 | Jan 2, 2024 | Oct 27, 2023 | $0.165 | 10-Q |
| Sep 14, 2023 | Sep 13, 2023 | Sep 15, 2023 | Oct 2, 2023 | Aug 25, 2023 | $0.165 | 10-Q |
| Jun 14, 2023 | Jun 13, 2023 | Jun 15, 2023 | Jul 3, 2023 | May 31, 2023 | $0.165 | 10-Q |
| Mar 14, 2023 | Mar 13, 2023 | Mar 15, 2023 | Apr 3, 2023 | Feb 24, 2023 | $0.165 | 10-Q |
| Dec 14, 2022 | Dec 13, 2022 | Dec 15, 2022 | Jan 3, 2023 | Oct 28, 2022 | $0.158 | 10-Q |
| Sep 14, 2022 | Sep 13, 2022 | Sep 15, 2022 | Oct 3, 2022 | Aug 26, 2022 | $0.158 | 10-Q |
| Jun 14, 2022 | Jun 13, 2022 | Jun 15, 2022 | Jul 1, 2022 | May 26, 2022 | $0.158 | 10-Q |
| Mar 14, 2022 | Mar 11, 2022 | Mar 15, 2022 | Apr 1, 2022 | Feb 22, 2022 | $0.158 | 10-Q |
| Dec 14, 2021 | Dec 13, 2021 | Dec 15, 2021 | Jan 3, 2022 | Oct 22, 2021 | $0.15 | 10-Q |
| Sep 14, 2021 | Sep 13, 2021 | Sep 15, 2021 | Oct 1, 2021 | Aug 18, 2021 | $0.15 | Release |
| Mar 12, 2020 | Mar 11, 2020 | Mar 13, 2020 | Apr 1, 2020 | Feb 28, 2020 | $0.378 | 10-Q |
| Dec 12, 2019 | Dec 11, 2019 | Dec 13, 2019 | Jan 2, 2020 | Oct 25, 2019 | $0.378 | 10-Q |
| Sep 12, 2019 | Sep 11, 2019 | Sep 13, 2019 | Oct 1, 2019 | Aug 23, 2019 | $0.378 | 10-Q |
| Jun 13, 2019 | Jun 12, 2019 | Jun 14, 2019 | Jul 1, 2019 | May 17, 2019 | $0.378 | 10-Q |
| Mar 14, 2019 | Mar 13, 2019 | Mar 15, 2019 | Apr 1, 2019 | Feb 22, 2019 | $0.378 | 10-Q |
| Dec 13, 2018 | Dec 12, 2018 | Dec 14, 2018 | Jan 2, 2019 | Oct 26, 2018 | $0.378 | 10-Q |
| Sep 13, 2018 | Sep 12, 2018 | Sep 14, 2018 | Oct 1, 2018 | Aug 24, 2018 | $0.378 | 10-Q |
| Jun 14, 2018 | Jun 13, 2018 | Jun 15, 2018 | Jul 2, 2018 | May 18, 2018 | $0.378 | 10-Q |
| Mar 14, 2018 | Mar 13, 2018 | Mar 15, 2018 | Apr 2, 2018 | Feb 23, 2018 | $0.378 | 10-Q |
| Dec 14, 2017 | Dec 13, 2017 | Dec 15, 2017 | Jan 2, 2018 | Oct 27, 2017 | $0.378 | 10-Q |
| Sep 14, 2017 | Sep 13, 2017 | Sep 15, 2017 | Oct 2, 2017 | Aug 25, 2017 | $0.378 | 10-Q |
| Jun 13, 2017 | Jun 12, 2017 | Jun 15, 2017 | Jul 3, 2017 | May 11, 2017 | $0.378 | 10-Q |
| Mar 13, 2017 | Mar 10, 2017 | Mar 15, 2017 | Apr 3, 2017 | Feb 24, 2017 | $0.378 | 10-Q |
| Dec 13, 2016 | Dec 12, 2016 | Dec 15, 2016 | Jan 3, 2017 | Oct 28, 2016 | $0.378 | 10-Q |
| Sep 13, 2016 | Sep 12, 2016 | Sep 15, 2016 | Oct 3, 2016 | Aug 26, 2016 | $0.378 | 10-Q |
| Jun 13, 2016 | Jun 10, 2016 | Jun 15, 2016 | Jul 1, 2016 | Feb 26, 2016 | $0.378 | 10-Q |
| Mar 11, 2016 | Mar 10, 2016 | Mar 15, 2016 | Apr 1, 2016 | Feb 26, 2016 | $0.36 | 10-Q |
| Dec 11, 2015 | Dec 10, 2015 | Dec 15, 2015 | Jan 4, 2016 | Nov 9, 2015 | $0.36 | 10-K |
| Sep 11, 2015 | Sep 10, 2015 | Sep 15, 2015 | Oct 1, 2015 | Aug 28, 2015 | $0.36 | 10-Q |
| Jun 11, 2015 | Jun 10, 2015 | Jun 15, 2015 | Jul 1, 2015 | – | $0.36 | 10-Q |
| Mar 11, 2015 | Mar 10, 2015 | Mar 13, 2015 | Apr 1, 2015 | Feb 27, 2015 | $0.313 | 10-Q |
| Dec 11, 2014 | Dec 10, 2014 | Dec 15, 2014 | Jan 2, 2015 | Oct 24, 2014 | $0.313 | 10-Q |
| Sep 11, 2014 | Sep 10, 2014 | Sep 15, 2014 | Oct 1, 2014 | Aug 22, 2014 | $0.313 | 10-Q |
| Jun 11, 2014 | Jun 10, 2014 | Jun 13, 2014 | Jul 1, 2014 | May 14, 2014 | $0.313 | 10-Q |
| Mar 12, 2014 | Mar 11, 2014 | Mar 14, 2014 | Apr 1, 2014 | Feb 28, 2014 | $0.25 | 10-Q |
| Dec 11, 2013 | Dec 10, 2013 | Dec 13, 2013 | Jan 2, 2014 | Oct 25, 2013 | $0.25 | 10-Q |
| Sep 11, 2013 | Sep 10, 2013 | Sep 13, 2013 | Oct 1, 2013 | Aug 23, 2013 | $0.25 | 10-Q |
| Jun 12, 2013 | Jun 11, 2013 | Jun 14, 2013 | Jul 1, 2013 | May 14, 2013 | $0.25 | 10-Q |
| Mar 13, 2013 | Mar 12, 2013 | Mar 15, 2013 | Apr 1, 2013 | Feb 22, 2013 | $0.20 | 10-Q |
| Dec 12, 2012 | Dec 11, 2012 | Dec 14, 2012 | Jan 2, 2013 | Oct 26, 2012 | $0.20 | 10-Q |
| Sep 12, 2012 | Sep 11, 2012 | Sep 14, 2012 | Oct 1, 2012 | – | $0.20 | 10-Q |
| Jun 13, 2012 | Jun 12, 2012 | Jun 15, 2012 | Jul 2, 2012 | – | $0.20 | 10-Q |
| Mar 13, 2012 | Mar 12, 2012 | Mar 15, 2012 | Apr 2, 2012 | – | $0.20 | 10-Q |
| Dec 13, 2011 | Dec 12, 2011 | Dec 15, 2011 | Jan 3, 2012 | – | $0.10 | 10-K |
| Sep 13, 2011 | Sep 12, 2011 | Sep 15, 2011 | Oct 3, 2011 | – | $0.10 | 10-Q |
| Jun 13, 2011 | Jun 10, 2011 | Jun 15, 2011 | Jul 1, 2011 | – | $0.10 | Release |
| Mar 11, 2011 | Mar 10, 2011 | Mar 15, 2011 | Apr 1, 2011 | – | $0.05 | 10-Q |
| Dec 13, 2010 | Dec 10, 2010 | Dec 15, 2010 | Jan 3, 2011 | – | $0.05 | 10-K |
| Sep 13, 2010 | Sep 10, 2010 | Sep 15, 2010 | Oct 1, 2010 | – | $0.05 | 10-Q |
| Jun 11, 2010 | Jun 10, 2010 | Jun 15, 2010 | Jul 1, 2010 | – | $0.05 | 10-Q |
| Mar 11, 2010 | Mar 10, 2010 | Mar 15, 2010 | Apr 1, 2010 | – | $0.05 | 10-Q |
| Dec 11, 2009 | Dec 10, 2009 | Dec 15, 2009 | Jan 4, 2010 | – | $0.05 | 10-K |
| Sep 11, 2009 | Sep 10, 2009 | Sep 15, 2009 | Oct 1, 2009 | – | $0.05 | 10-Q |
| Jun 11, 2009 | Jun 10, 2009 | Jun 15, 2009 | Jul 1, 2009 | – | $0.05 | 10-Q |
| Mar 11, 2009 | Mar 10, 2009 | Mar 13, 2009 | Apr 1, 2009 | – | $0.05 | Release |
| Dec 11, 2008 | Dec 10, 2008 | Dec 15, 2008 | Jan 2, 2009 | – | $0.133 | 10-K |
| Sep 11, 2008 | Sep 10, 2008 | Sep 15, 2008 | Oct 1, 2008 | – | $0.133 | 10-Q |
| Jun 11, 2008 | Jun 10, 2008 | Jun 13, 2008 | Jul 1, 2008 | – | $0.133 | 10-Q |
| Mar 12, 2008 | Mar 11, 2008 | Mar 14, 2008 | Apr 1, 2008 | – | $0.13 | 10-Q |
| Dec 12, 2007 | Dec 11, 2007 | Dec 14, 2007 | Jan 2, 2008 | – | $0.13 | 10-K |
| Sep 12, 2007 | Sep 11, 2007 | Sep 14, 2007 | Oct 1, 2007 | – | $0.13 | 10-Q |
| Jun 13, 2007 | Jun 12, 2007 | Jun 15, 2007 | Jul 2, 2007 | – | $0.13 | 10-Q |
| Mar 13, 2007 | Mar 12, 2007 | Mar 15, 2007 | Apr 2, 2007 | – | $0.128 | 10-Q |
| Dec 13, 2006 | Dec 12, 2006 | Dec 15, 2006 | Jan 2, 2007 | – | $0.128 | 10-K |
| Sep 13, 2006 | Sep 12, 2006 | Sep 15, 2006 | Oct 2, 2006 | – | $0.128 | 10-Q |
| Jun 14, 2006 | Jun 13, 2006 | Jun 16, 2006 | Jul 3, 2006 | – | $0.128 | 10-Q |
| Mar 13, 2006 | Mar 10, 2006 | Mar 15, 2006 | Apr 3, 2006 | – | $0.125 | 10-Q |
| Dec 13, 2005 | Dec 12, 2005 | Dec 15, 2005 | Jan 2, 2006 | – | $0.125 | 10-K |
| Aug 30, 2005 | Aug 29, 2005 | Aug 29, 2005 | Oct 3, 2005 | – | $0.125 | 10-Q |
| Jun 13, 2005 | Jun 10, 2005 | Jun 15, 2005 | Jul 1, 2005 | – | $0.0675 | 10-Q |
| Mar 11, 2005 | Mar 10, 2005 | Mar 15, 2005 | Apr 1, 2005 | – | $0.0675 | 10-Q |
| Dec 13, 2004 | Dec 10, 2004 | Dec 15, 2004 | Jan 3, 2005 | – | $0.0675 | 10-K |
| Sep 13, 2004 | Sep 10, 2004 | Sep 15, 2004 | Oct 1, 2004 | – | $0.0675 | 10-Q |
| Jun 14, 2004 | Jun 10, 2004 | Jun 15, 2004 | Jul 1, 2004 | – | $0.0675 | 10-Q |
| Mar 11, 2004 | Mar 10, 2004 | Mar 15, 2004 | Apr 1, 2004 | – | $0.0625 | 10-Q |
| Dec 11, 2003 | Dec 10, 2003 | – | – | – | $0.0625 | 10-Q |
| Sep 11, 2003 | Sep 10, 2003 | – | – | – | $0.0625 | 10-Q |
| Jun 12, 2003 | Jun 11, 2003 | – | – | – | $0.0625 | 10-Q |
Per share as declared at the time. Source document: the dividend announcement filed with the SEC (press release or 8-K) where one exists, otherwise the quarterly or annual report covering the declaration.
By fiscal year
Dividend per share, cash paid and payout ratio from annual filings
| Fiscal year | Per share | Change | Cash paid | Payout ratio |
|---|---|---|---|---|
| FY2025 | $0.73 | +5.8% | $197.00M | 30.7% |
| FY2024 | $0.69 | +4.5% | $192.00M | 33.0% |
| FY2023 | $0.66 | +4.8% | $181.00M | 402.2% |
| FY2022 | $0.63 | +110.0% | $173.00M | 15.1% |
| FY2021 | $0.30 | -20.5% | $90.00M | 6.3% |
| FY2020 | $0.38 | -75.0% | $117.00M | -3.0% |
| FY2019 | $1.51 | 0.0% | $466.00M | 82.6% |
| FY2018 | $1.51 | – | $463.00M | 41.8% |
| FY2017 | – | – | $461.00M | 29.4% |
| FY2016 | – | – | $459.00M | 73.2% |
| FY2015 | – | – | $456.00M | 42.5% |
| FY2014 | – | – | $421.00M | 27.6% |
| FY2013 | – | – | $359.00M | 24.2% |
| FY2012 | – | – | $324.00M | 24.3% |
| FY2011 | $0.55 | +175.0% | $148.00M | 11.8% |
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