Retailers aren't known for paying out big dividends. But with its latest 25% dividend increase, Macy's 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.
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The article A Dividend Giant in the Making? originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. 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.
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