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

Macy’s, Inc. (NYSE:M) is included among the 12 Best Retail Dividend Stocks to Buy Now.

Macy’s, Inc. (NYSE:M) stands among the top retailers in the US, running its business under the Macy’s, Bloomingdale’s, and Bluemercury names. The company offers clothing, accessories, beauty products, and home essentials through roughly 680 stores as well as its online channels.

In recent years, Macy’s, Inc. (NYSE:M) has concentrated on upgrading its stores, strengthening its online marketplace, and expanding its luxury offerings. Its key priorities include creating a smooth connection between digital and in-store shopping, adjusting its store footprint to match demand, building unique private-label brands, and keeping costs under control in an increasingly competitive retail landscape.

Macy’s, Inc. (NYSE:M) is among the best dividend stocks in the retail sector as the company has been growing its payouts for four consecutive years. The company currently pays a quarterly dividend of $0.1824 per share and has a dividend yield of 4.32%, as of September 22.

While we acknowledge the potential of M as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.