How safe is Macy’s dividend?

Is Macy’s a good investment right now?

These factors suggest that Macy’s is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that M has decent revenue metrics to back up its earnings.

Will Macy’s reinstate dividend?

Macy’s previously suspended its dividend at the pandemic’s onset to conserve cash. … We are reinstating our quarterly dividend, and our board has authorized a $500 million share repurchase plan.

Is Macy’s shorted?

What is Macy’s’ current short interest? … 15.57% of Macy’s’ shares are currently sold short.

When was the last time Macy’s paid a dividend?

1 to shareholders of record on Sept. 15, compares with the last dividend of 37.75 cents a share paid in March 2020. Macy’s stock rallied 8.2% in morning trading, and has soared 73.9% year to date.

How often does Macy’s stock pay dividends?

Macy’s pays a dividend 1 times a year. The payment month is October.

How long do you have to hold a stock to get a dividend?

In order to receive the preferred 15% tax rate on dividends, you must hold the stock for a minimum number of days. That minimum period is 61 days within the 121-day period surrounding the ex-dividend date. The 121-day period begins 60 days before the ex-dividend date.

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Which stock has the highest dividend?

Nine highest-paying dividend stocks in the S&P 500:

  • Exxon Mobil Corp. (XOM)
  • The Williams Companies Inc. (WMB)
  • Oneok Inc. (OKE)
  • PPL Corp. (PPL)
  • Kinder Morgan Inc. (KMI)
  • Altria Group Inc. (MO)
  • AT&T Inc. (T)
  • Lumen Technologies Inc. (LUMN)