Macy's Inc (M) Ex-Dividend Date Scheduled for March 13, 2013

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Macy's Inc ( M ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased M stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that M has paid the same dividend.

The previous trading day's last sale of M was $41.67, representing a -1.21% decrease from the 52 week high of $42.18 and a 28.97% increase over the 52 week low of $32.31.

M is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). M's current earnings per share, an indicator of a company's profitability, is $3.29. Zacks Investment Research reports M's forecasted earnings growth in 2014 as 12.85%, compared to an industry average of 16.3%.

For more information on the declaration, record and payment dates, visit the M Dividend History page.

Interested in gaining exposure to M through an Exchange Traded Fund [ETF]?
The following ETF(s) have M as a top-10 holding:

  • PowerShares Buyback Achievers ( PKW ).

The top-performing ETF of this group is PKW with an increase of 11.8% over the last 100 days. It also has the highest percent weighting of M at 1.19%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: COST , M , PKW , WMT

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