Macy's Inc (M) Ex-Dividend Date Scheduled for June 14, 2018

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Macy's Inc ( M ) will begin trading ex-dividend on June 14, 2018. A cash dividend payment of $0.377 per share is scheduled to be paid on July 02, 2018. Shareholders who purchased M prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that M has paid the same dividend. At the current stock price of $39.97, the dividend yield is 3.77%.

The previous trading day's last sale of M was $39.97, representing a -3.29% decrease from the 52 week high of $41.33 and a 129.65% increase over the 52 week low of $17.41.

M is a part of the Consumer Services sector, which includes companies such as Walmart Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). M's current earnings per share, an indicator of a company's profitability, is $5.26. Zacks Investment Research reports M's forecasted earnings growth in 2019 as .57%, compared to an industry average of 18.4%.

For more information on the declaration, record and payment dates, visit the M Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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

  • ValueShares U.S. Quantitative Value ETF ( QVAL )
  • Invesco S&P 500 Equal Weight Consumer Discretionary ETF ( RCD )
  • VanEck Vectors Retail ETF ( RTH )
  • Invesco S&P 500 High Beta ETF ( SPHB )
  • SPDR Select Sector Fund - Consumer Discretionary ( XLY ).

The top-performing ETF of this group is XLY with an increase of 5.92% over the last 100 days. QVAL has the highest percent weighting of M at 285%.

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

This article appears in: News Headlines , Stocks

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