Macy’s, Inc. Board of Directors Declares Quarterly Dividend
Macy's (NYSE: M) board of directors has declared a regular quarterly dividend of 17.37 cents per share on the company's common stock. The dividend is payable on October 1, 2024, to shareholders of record at the close of business on September 13, 2024. This announcement demonstrates Macy's commitment to returning value to its shareholders through consistent dividend payments.
Il consiglio di amministrazione di Macy's (NYSE: M) ha dichiarato un dividendo trimestrale ordinario di 17,37 centesimi per azione sulle azioni ordinarie della compagnia. Il dividendo sarà pagabile il 1 ottobre 2024 agli azionisti registrati alla chiusura dell'attività del 13 settembre 2024. Questo annuncio dimostra l'impegno di Macy's nel restituire valore ai propri azionisti tramite pagamenti di dividendi costanti.
La junta directiva de Macy's (NYSE: M) ha declarado un dividendo trimestral ordinario de 17.37 centavos por acción sobre las acciones comunes de la compañía. El dividendo es pagadero el 1 de octubre de 2024 a los accionistas registrados al cierre de operaciones del 13 de septiembre de 2024. Este anuncio demuestra el compromiso de Macy's de devolver valor a sus accionistas a través de pagos de dividendos consistentes.
메이시스(Macy's, NYSE: M)의 이사회는 회사 보통주에 대해 주당 17.37센트의 정기 분기 배당금을 선언했습니다. 이 배당금은 2024년 10월 1일에 지급되며, 2024년 9월 13일 업무 종료 시점에 주주로 등록된 주주에게 지급됩니다. 이 발표는 메이시스가 지속적인 배당금 지급을 통해 주주에게 가치를 되돌려주는 것을 약속하는 것을 보여줍니다.
Le conseil d'administration de Macy's (NYSE: M) a déclaré un dividende trimestriel régulier de 17,37 cents par action sur les actions ordinaires de la société. Le dividende sera payable le 1er octobre 2024 aux actionnaires enregistrés à la clôture du 13 septembre 2024. Cette annonce montre l'engagement de Macy's à restituer de la valeur à ses actionnaires grâce à des paiements de dividendes constants.
Der Vorstand von Macy's (NYSE: M) hat eine regelmäßige vierteljährliche Dividende von 17,37 Cent pro Aktie auf die Stammaktien des Unternehmens erklärt. Die Dividende ist zum 1. Oktober 2024 zahlbar an Aktionäre, die am 13. September 2024 zum Geschäftsschluss registriert sind. Diese Ankündigung zeigt das Engagement von Macy's, seinen Aktionären durch konsistente Dividendenzahlungen Wert zurückzugeben.
- Macy's continues to pay regular quarterly dividends, indicating financial stability
- Dividend payment of 17.37 cents per share provides income for shareholders
- None.
Insights
Macy's quarterly dividend announcement, while routine, offers insights into the company's financial health and shareholder value strategy. The 17.37 cents per share dividend maintains consistency with previous quarters, suggesting stability in Macy's cash flow and commitment to returning value to shareholders.
However, investors should note that maintaining dividends amid retail sector challenges could strain cash reserves. The October 1, 2024 payment date aligns with the holiday shopping season, potentially impacting Macy's liquidity during a important period. This timing might indicate confidence in Q4 performance or a strategic decision to reward shareholders before year-end financial reporting.
While dividend consistency is generally positive, it's important to analyze this in context with Macy's overall financial performance, debt levels and growth initiatives to fully assess the sustainability and implications of this dividend policy.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240823037455/en/
Media – Chris Grams
communications@macys.com
Investors – Pamela Quintiliano
investors@macys.com
Source: Macy's, Inc.
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