Retailers aren't known for paying out big dividends. But with its latest 25% dividend increase, Macy's (M -1.52%) 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.
Free Article
A Dividend Giant in the Making?
By Demitri Kalogeropoulos
–
May 30, 2013 at 3:32PM
NYSE: M
Macy's
Market Cap
$5B
Today's Change
(-1.52%) -$0.29
Current Price
$18.73
Price as of April 24, 2024, 4:00 p.m. ET
This solid and growing dividend comes from an unlikely place.
Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.