Macy's Inc ( M ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.377 per share is scheduled to be paid on April 02, 2018. Shareholders who purchased M prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that M has paid the same dividend.
The previous trading day's last sale of M was $28.76, representing a -9.42% decrease from the 52 week high of $31.75 and a 65.24% 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 $5.04. Zacks Investment Research reports M's forecasted earnings growth in 2019 as -3.79%, compared to an industry average of -6.3%.
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 )
- PowerShares S&P 500 High Beta Portfolio ( SPHB )
- Guggenheim S&P 500 Pure Value ETF ( RPV )
- VanEck Vectors Retail ETF ( RTH ).
The top-performing ETF of this group is RTH with an increase of 20.12% over the last 100 days. QVAL has the highest percent weighting of M at 236%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.