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

Rhea-AI Summary

The board of directors of Macy's (NYSE:M) has declared a quarterly dividend of 15.75 cents per share, payable on October 3, 2022, to shareholders of record by September 15, 2022. This announcement reflects the company’s commitment to returning value to its shareholders while maintaining a strong presence in the retail market.

Positive

• Regular quarterly dividend payment of 15.75 cents per share, demonstrating Macy's commitment to shareholder returns.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The board of directors of Macy's, Inc. (NYSE:M) today declared a regular quarterly dividend of 15.75 cents per share on Macy's, Inc.’s common stock, payable October 3, 2022, to shareholders of record at the close of business on September 15, 2022.

About Macy’s, Inc.

At Macy’s, Inc., we are a trusted source for quality brands at great values from off-price to luxury. Across our iconic nameplates, including Macy’s, Bloomingdale’s and Bluemercury, we help our customers express their unique style and celebrate special moments, big and small. Headquartered in New York City, we operate one of retail’s largest e-commerce businesses integrated with a nationwide footprint to deliver the most convenient and seamless shopping experience. Our purpose is to create a brighter future with bold representation – so we can realize the full potential of every one of us. For more information, visit macysinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220826005355/en/

Media – Chris Grams

media@macys.com

Investors – Mike McGuire

investors@macys.com

Source: Macy's, Inc.

FAQ

What is the dividend amount declared by Macy's in 2022?

Macy's declared a quarterly dividend of 15.75 cents per share.

When will Macy's pay the declared dividend?

The dividend will be paid on October 3, 2022.

What is the record date for Macy's dividend payment?

The record date for the dividend payment is September 15, 2022.

How often does Macy's declare dividends?

Macy's typically declares dividends quarterly.