Macy’s, Inc. (M) Is On The Move

And when it comes to income, Macy’s yield is a shade above 2%, which is less than peers’. But its payout ratio is the lowest among major retailers.

M Cash Div. Payout Ratio TTM Chart

M Cash Div. Payout Ratio TTM data by YCharts.

Combine that low payout with industry-leading sales growth, and Macy’s dividend — just like the stock — looks like it has plenty of room for growth ahead.

The article Macy’s Is Still a Buy originally appeared on Fool.com and is written by Demitrios Kalogeropoulos.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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