Department stores have had a rough time in the past couple of years, with sales and profit falling across the industry. However, despite the tough retail climate, several top department store companies are enticing dividend stocks.
Indeed, Macy’s (NYSE: M), Kohl’s (NYSE: KSS), and Nordstrom (NYSE: JWN) are all good stocks to buy for income investors. Steep share price declines have caused dividend yields to rise significantly for all three in recent years, and those dividends seem fairly safe.