How To Earn $500 A Month From Macy’s Stock Ahead Of Q1 Earnings

From Yahoo Finance: 2025-05-27 08:40:00

Macy’s, Inc. will report first-quarter financial results on May 28, with analysts expecting earnings at 14 cents per share and revenue at $4.5 billion. Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and lowered the price target from $14 to $12 on May 6.

Investors eyeing Macy’s dividends might find an annual yield of 6.31%, with a quarterly dividend of 18.24 per share. To earn $500 monthly, an investor would need around $95,094 worth of Macy’s, or 8,219 shares.

Dividend yield changes with fluctuating dividend payments and stock prices. For example, a stock paying a $2 annual dividend with a $50 price has a 4% yield. If the price rises to $60, the yield decreases to 3.33%.

Macy’s stock price fell by 2.9% to close at $11.57 on Friday. Remember, dividend yield can change due to variations in dividend payments and stock prices.

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