Macy's dividend outlook is safer than Kohl's amid retail struggles and turnaround efforts.

Macy's and Kohl's, both struggling retailers, have cut dividends previously and are now promoting turnaround strategies. Macy's shows stronger sales growth, better cash flow coverage for dividends, and a more stable financial position with lower debt costs. Kohl's faces shrinking sales, higher debt interest, and a smaller dividend payout after recent cuts, making its dividend less secure. For retirees seeking reliable income, Macy's dividend appears more sustainable unless Macy's sales falter or Kohl's improves its financial health significantly.

As of Sep 28, 2026 01:11 WIB, Kohl's (KSS) shares are trading at USD 17.90, up 3.89% on the day, with a dividend yield of 2.79%. Macy's (M) shares are priced higher at USD 22.64, rising 1.48%, and offer a dividend yield of 3.38%. Macy's larger market cap of $5.91B compared to Kohl's $2.03B highlights its stronger position in the retail sector on Pluang.