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

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 Nasdaq, Inc.


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

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