The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry and accessories; and other merchandise. As of February 23, 2022, it operated 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 293 Winners, 147 HomeSense, and 106 Marshalls stores in Canada; 618 T.K. Maxx and 77 Homesense stores, as well as tkmaxx.com in Europe; and 68 T.K. Maxx stores in Australia. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts.
TJX Companies Dividend Announcement
• TJX Companies announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-14
• TJX Companies annual dividend for 2024 was $1.46
• TJX Companies annual dividend for 2023 was $1.29
• TJX Companies's trailing twelve-month (TTM) dividend yield is 1.16%
• TJX Companies's payout ratio for the trailing twelve months (TTM) is 32.08%
• TJX Companies's dividend growth over the last five years (2018-2023) was 0.08% year
• TJX Companies's dividend growth over the last ten years (2013-2023) was 8.92% year
TJX Companies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.38 | quarterly | 2024-12-05 |
2024-08-15 | $0.38 | quarterly | 2024-09-05 |
2024-05-15 | $0.38 | quarterly | 2024-06-06 |
2024-02-14 | $0.33 | quarterly | 2024-03-07 |
2023-11-08 | $0.33 | quarterly | 2023-11-30 |
2023-08-09 | $0.33 | quarterly | 2023-08-31 |
2023-05-10 | $0.33 | quarterly | 2023-06-01 |
2023-02-08 | $0.29 | quarterly | 2023-03-02 |
2022-11-09 | $0.29 | quarterly | 2022-12-01 |
2022-08-10 | $0.29 | quarterly | 2022-09-01 |
2022-05-11 | $0.29 | quarterly | 2022-06-02 |
2022-02-09 | $0.26 | quarterly | 2022-03-03 |
2021-11-09 | $0.26 | quarterly | 2021-12-02 |
2021-08-11 | $0.26 | quarterly | 2021-09-02 |
2021-05-12 | $0.26 | quarterly | 2021-06-03 |
2021-02-10 | $0.26 | quarterly | 2021-03-04 |
2020-02-12 | $0.23 | quarterly | 2020-03-05 |
2019-11-13 | $0.23 | quarterly | 2019-12-05 |
2019-08-14 | $0.23 | quarterly | 2019-09-05 |
2019-05-15 | $0.23 | quarterly | 2019-06-06 |
2019-02-13 | $0.20 | quarterly | 2019-03-07 |
2018-11-14 | $0.20 | quarterly | 2018-12-06 |
2018-08-15 | $0.39 | quarterly | 2018-09-06 |
2018-05-16 | $0.39 | quarterly | 2018-06-07 |
2018-02-14 | $0.31 | quarterly | 2018-03-08 |
2017-11-08 | $0.31 | quarterly | 2017-11-30 |
2017-08-08 | $0.31 | quarterly | 2017-08-31 |
2017-05-09 | $0.31 | quarterly | 2017-06-01 |
2017-02-07 | $0.26 | quarterly | 2017-03-02 |
2016-11-08 | $0.26 | quarterly | 2016-12-01 |
2016-08-09 | $0.26 | quarterly | 2016-09-01 |
2016-05-10 | $0.26 | quarterly | 2016-06-02 |
2016-02-09 | $0.21 | quarterly | 2016-03-03 |
2015-11-09 | $0.21 | quarterly | 2015-12-03 |
2015-08-11 | $0.21 | quarterly | 2015-09-03 |
2015-05-12 | $0.21 | quarterly | 2015-06-04 |
2015-02-10 | $0.17 | quarterly | 2015-03-05 |
2014-11-10 | $0.17 | quarterly | 2014-12-04 |
2014-08-12 | $0.17 | quarterly | 2014-09-04 |
2014-05-13 | $0.17 | quarterly | 2014-06-05 |
2014-02-11 | $0.14 | quarterly | 2014-03-06 |
2013-11-12 | $0.14 | quarterly | 2013-12-05 |
2013-08-13 | $0.14 | quarterly | 2013-09-05 |
2013-05-14 | $0.14 | quarterly | 2013-06-06 |
2013-02-12 | $0.12 | quarterly | 2013-03-07 |
TJX Companies Dividend per year
TJX Companies Dividend growth
TJX Companies Dividend Yield
TJX Companies current trailing twelve-month (TTM) dividend yield is 1.16%. Interested in purchasing TJX Companies stock? Use our calculator to estimate your expected dividend yield:
TJX Companies Financial Ratios
TJX Companies Dividend FAQ
Other factors to consider when evaluating TJX Companies as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TJX Companies's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TJX Companies publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TJX Companies distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TJX Companies are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TJX Companies sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TJX Companies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TJX Companies declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TJX Companies's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TJX Companies's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.