Below are the three companies in the Department Stores industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.
Kohl's (NYSE:KSS) is highest with a dividend yield of 2.9%. Kohl's Corporation operates a chain of family-oriented department stores. The Company's stores feature apparel, footwear and accessories for women, men and children, soft home products such as sheets and pillows, and housewares targeted to middle income customers. Kohl's also offers online shopping as well as offers store credit cards. Thus far today, Kohl's has traded 0 shares, vs. average volume of 3.9 million shares per day. The stock has matched the Dow (with a -0.0% move) and matched the S&P 500 (with a -0.0% move) during today's trading.
Following is Macy's (NYSE:M) with a dividend yield of 2.1%.
Finishing up the top three is Nordstrom (NYSE:JWN), with a dividend yield of 2.1%.
