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

Rhea-AI Summary

The board of directors of Macy's declared a quarterly dividend of 15.75 cents per share on its common stock. This dividend is payable on January 3, 2023, to shareholders of record as of December 15, 2022. Macy's continues to serve as a trusted source for quality brands while operating one of retail’s largest e-commerce platforms.

Positive

• Quarterly dividend of 15.75 cents per share reflects company confidence.
• Dividend payment scheduled for January 3, 2023, showcases a commitment to returning value to shareholders.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The board of directors of Macy's, Inc. today declared a regular quarterly dividend of 15.75 cents per share on Macy's, Inc.’s common stock, payable January 3, 2023, to shareholders of record at the close of business on December 15, 2022.

About Macy’s, Inc.

At Macy’s, Inc. (NYSE: M), 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/20221028005409/en/

Media – Chris Grams

communications@macys.com



Investors – Pam Quintiliano

investors@macys.com

Source: Macy's, Inc.

FAQ

What is the dividend amount declared by Macy's?

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

When is the dividend payment date for Macy's?

The dividend payment date is January 3, 2023.

Who is eligible to receive the Macy's dividend?

Shareholders of record as of December 15, 2022, are eligible to receive the dividend.

How often does Macy's pay dividends?

Macy's typically pays dividends quarterly.