Is Macy's, Inc. a good dividend stock?

Macy's, Inc. (M) is a dividend-paying stock with a current dividend yield of 3.14%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is M's dividend yield?

The dividend yield for M stock is currently 3.14%.

How much does M pay in dividends per year?

Macy's, Inc. pays an annual dividend of $0.7478 per share over the trailing twelve months.

How often does M pay dividends?

M stock pays dividends quarterly.

Is M's dividend growing?

Macy's, Inc.'s 3-year dividend CAGR is 5.01%.

M Stock Price, Chart, Stats & News

Macy's, Inc.

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Overview Dividend safety Dividends Fundamentals

Macy's, Inc. (M) is a dividend-paying stock with a current dividend yield of 3.14% as of Jul 21, 2026. It pays $0.7478 per share over the trailing twelve months and distributes quarterly.

6.26B

Market cap

10.35x

Current P/E

10.43x

Forward P/E

3.14%

Dividend yield

$0.7478

M dividend

Dividend safety

Strong

Dividend coverage looks healthy — M pays out about 33% of earnings.

See the safety analysis

M chart

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Fundamentals

Gross margin	36.55%
Operating margin	4.55%
Pretax margin	3.75%
Net margin	2.84%
Effective tax rate	24.38%
ROA	3.95%
ROE	14.20%
D/E	1.07x
Interest coverage ratio	10.62x

All financials

M valuation

P/E	10.35x
P/S	0.21x
P/B	1.00x
P/CF	3.39x
P/FCF	4.51x
P/OCF	3.39x
PEG	0.20x
EV multiple	0.42x

About

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications. The company offers a broad assortment of merchandise, including apparel and accessories for men, women, and children, cosmetics, home furnishings, and other general consumer goods. As of January 29, 2022, Macy's operated 725 department stores domestically in locations such as the District of Columbia, Puerto Rico, and Guam.