Dividend Increases - Macy's

I track dividend increases for stocks that I own. 
A dividend increase means more money every quarter and therefore yearly. It translates to additional dividend income.

Macy's Inc. (M)
Macy's (NYSE: M) declared a 15.2% increase. The quarterly dividend increased from $0.3125 to $0.36 per share, or $1.44 annualized. 

The dividend will be payable on July 1, 2015, to stockholders of record on June 15, 2015, with an ex-dividend date of June 11, 2015.


Dividend Yield: 2.11%
Annual Payout: $1.44 (Paid Quarterly)
Payout Ratio: 30.6% (EPS: $4.71)
Dividend Growth: 4 years (Since 2011) 

I own 15 Macy's shares and hence my yearly dividends will increase by $2.85.
My dividend stock portfolio will pay $471.22 in dividends over the next 12 months.