Macy’s, Inc. Board of Directors Declares Quarterly Dividend

Rhea-AI Summary

Macy's Board of Directors has declared a quarterly dividend of 17.37 cents per share on its common stock.

This dividend will be payable on July 1, 2024, to shareholders who are on record by the close of business on June 14, 2024.

This announcement reinforces Macy's commitment to returning value to its shareholders.

Positive

• Declared quarterly dividend of 17.37 cents per share, providing direct financial returns to shareholders.
• Dividend payout date set for July 1, 2024, indicating a consistent dividend schedule.

Negative

• No information provided on the company's broader financial performance or outlook, which may concern some investors.

NEW YORK--(BUSINESS WIRE)-- The board of directors of Macy's, Inc. (NYSE: M) today declared its regular quarterly dividend of 17.37 cents per share on Macy's, Inc.’s common stock, payable July 1, 2024, to shareholders of record at the close of business on June 14, 2024.

About Macy’s, Inc.
Macy’s, Inc. (NYSE: M) is a trusted source for quality brands through our iconic nameplates – Macy’s, Bloomingdale’s and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516136427/en/

Media – Chris Grams

communications@macys.com

Investors – Pamela Quintiliano

investors@macys.com

Source: Macy's, Inc.

FAQ

What is Macy's dividend for July 2024?

Macy's has declared a quarterly dividend of 17.37 cents per share, payable on July 1, 2024.

When will Macy's next dividend be paid?

Macy's next dividend will be paid on July 1, 2024.

What is the record date for Macy's July 2024 dividend?

The record date for Macy's July 2024 dividend is June 14, 2024.