Should Dividend Investors Buy Macy's Stock for 2023?

By Parkev Tatevosian, CFA – Dec 10, 2022 at 1:37PM

NYSE: M

Macy's

Market Cap

$5B

Today's Change

(-1.34%) -$0.25

Current Price

$18.77

Price as of April 24, 2024, 3:37 p.m. ET

Macy's temporarily paused its dividend during the early stages of the pandemic.

Macy's (M -1.34%) improved the business during the pandemic, making it a viable option for dividend stock investors.

*Stock prices used were the afternoon prices of Dec. 9, 2022. The video was published on Dec. 10, 2022.

Parkev Tatevosian, CFA has positions in Macy's. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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