Video: Jim Cramer on Macy's Dividend
Amid Macy's announcement to retire high coupon debt, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the decision makes him feel better about the safety of the stock's dividend.
Amid Macy's (M) - Get Report announcement to retire high coupon debt, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the decision makes him feel better about the safety of the stock's dividend.
Cramer also wonders if Black Friday sales were good enough so that Macy's has the ample cash needed to retire this debt.
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