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Macy's Inc (M) Ex-Dividend Date Scheduled for December 12, 2012

By: NASDAQ.com News
Posted: 12/10/2012 9:00:00 AM
Referenced Stocks: COST;M;WMT

Macy's Inc ( M ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.2 per share scheduled for January 02, 2013. Shareholders who purchased M stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that M has paid the same dividend. At the current stock price of $39.41, the dividend yield is 2.03%.

The previous trading day's last sale of M was $39.41, representing a -6.54% decrease from the 52 week high of $42.17 and a 29.55% increase over the 52 week low of $30.42.

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 $3.2. Zacks Investment Research reports M's forecasted earnings growth in 2013 as 17.97%, compared to an industry average of 15.7%.

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