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Kohl's Ranks the Highest in Terms of Dividend Yield in the Department Stores Industry (KSS, M, JWN)

Published on Tue, 06/25/2013 - 10:54
By Adrienne Chilton

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 2.8%. 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.

In the past 52 weeks, shares of Kohl's have traded between a low of $41.35 and a high of $55.25 and are now at $50.33, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0.06% lower and 0.23% higher over the past week, respectively.

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 2.0%.

By Adrienne Chilton
achilton@fnno.com