Federated holders approve name change to Macy's

CHICAGO, May 18 (Reuters) - Federated Department Stores Inc. FD.N said on Friday that shareholders approved a plan to change its corporate name to Macy's Inc. as of June 1, a move that reflects the name of the majority of its stores.

The company's shares will start trading under the ticker symbol "M" (M.N) on the New York Stock Exchange on June 1.

Federated also said its board declared a 2 percent increase in the quarterly cash dividend to 13 cents per outstanding common share, up from 12.75 cents. The new dividend will be paid on July 2 to holders of record on June 15.

((Reporting by Jessica Wohl, editing by Martin Golan; Reuters Messaging: jessica.wohl.reuters.com@reuters.net; +312-408-8132; e-mail: jessica.wohl@reuters.com)) Keywords: FEDERATED MACYS/

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