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