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A Dividend Giant in the Making?

This solid and growing dividend comes from an unlikely place.

By Demitri Kalogeropoulos – May 30, 2013 at 3:32PM EST

Retailers aren't known for paying out big dividends. But with its latest 25% dividend increase, Macy's (M +2.82%) should find its way onto many income investors' watchlists. In the video below, Fool contributor Demitrios Kalogeropoulos discusses Macy's recent business success, and why he thinks the company's dividend has a lot of room to grow from its current 2% yield.

Read Next

About the Author

Demitri Kalogeropoulos
Demitri Kalogeropoulos is a contributing Motley Fool consumer staples analyst covering retail, entertainment, and consumer electronics. Demitri previously served as a senior trade analyst at the U.S. Department of Commerce. He holds a bachelor’s degree in commerce from the University of Virginia and a master’s in international affairs from George Washington University.
TMFSigma
X@TMFSigma

Stocks Mentioned

Macy's Stock Quote
Macy's
NYSE: M
$18.09
(+2.90%)+$0.51
Kohl's Stock Quote
Kohl's
NYSE: KSS
$12.90
(+5.74%)+$0.70

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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