Macy's Inc (M) will begin trading ex-dividend on September 12, 2019. A cash dividend payment of $0.377 per share is scheduled to be paid on October 01, 2019. Shareholders who purchased M prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that M has paid the same dividend. At the current stock price of $17.1, the dividend yield is 8.82%.
The previous trading day's last sale of M was $17.1, representing a -55.41% decrease from the 52 week high of $38.35 and a 20.42% increase over the 52 week low of $14.20.
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 $3.29. Zacks Investment Research reports M's forecasted earnings growth in 2020 as -31%, compared to an industry average of %.