Macy's is one of the top American dividend stocks

Investors in Macy's can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Per share the analysts expect a dividend of 1,55 USD per share. Thus the dividend yield equals 6,9 percent. The average dividend yield of the general retailers equals a moderate 1 percent.

Historical dividend returns Macy's

Tomorrow Macy's will publish its past quarters results. Over the current book year the total revenue will be 24,96 billion USD (consensus estimates). This is slightly lower than 2017's revenue of 25,74 billion USD.

Historical revenues and results Macy's plus estimates 2019

The analysts expect for 2019 a net profit of 972 million USD. For this year most of the analysts expect a profit per share of 3,09 USD. Based on this the price/earnings-ratio is 7,27.

Macy's's market value equals around 6,85 billion . The Macy's stock was the past 12 months quite unstable. Since last May the stock is 20 percent lower. This year the stock price moved between 22 and 42 dollar.

Historical stock prices Macy's

On Wednesday the stock closed at 22,46 USD.

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