Why Macy’s (M) Remains a Strong Pick Among Retail Dividend Stocks

Core Insights - Macy's, Inc. is recognized as one of the top retail dividend stocks, highlighting its strong position in the market [1][4] - The company operates under multiple brands, including Macy's, Bloomingdale's, and Bluemercury, and offers a wide range of products [2] Business Strategy - In recent years, Macy's has focused on upgrading its stores, enhancing its online marketplace, and expanding luxury offerings [3] - Key priorities include creating a seamless connection between digital and in-store shopping, adjusting store footprint based on demand, building unique private-label brands, and controlling costs [3] Financial Performance - Macy's has increased its dividend payouts for four consecutive years, currently paying a quarterly dividend of $0.1824 per share with a dividend yield of 4.32% as of September 22 [4]