March 20, 2020 / 8:25 PM / 12 days ago

Macy's suspends quarterly dividend program

March 20 (Reuters) - Macy’s Inc on Friday said it would suspend its quarterly dividend program and would access $1.5 billion from a revolving credit facility to brace the impact from the coronavirus pandemic. (Reporting by Nivedita Balu in Bengaluru; Editing by Maju Samuel)

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