The TJX Companies, Inc. (NYSE:TJX) Increases Dividend to $0.48 Per Share

Key Points

• TJX raised its quarterly dividend to $0.48 per share (a 12.9% increase from $0.43), payable June 4 to shareholders of record on May 14, implying an annualized yield of about 1.2%.
• The dividend appears well covered by earnings, with a current payout ratio of 34.3% and analysts projecting next-year EPS of $4.58 (an expected future payout ratio near 37.1%), supporting the $1.70 annual dividend.
• TJX beat the latest quarter expectations with $1.43 EPS and $17.74 billion in revenue and issued FY2027 guidance of $4.93–$5.02 EPS (Q1 guidance $0.97–$0.99), indicating continued underlying business strength.

The TJX Companies, Inc. (NYSE:TJX - Get Free Report) announced a quarterly dividend on Monday, March 30th. Investors of record on Thursday, May 14th will be paid a dividend of 0.48 per share by the apparel and home fashions retailer on Thursday, June 4th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. This is a 12.9% increase from TJX Companies's previous quarterly dividend of $0.43.

TJX Companies has raised its dividend payment by an average of 0.5%per year over the last three years and has raised its dividend every year for the last 5 years. TJX Companies has a dividend payout ratio of 34.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect TJX Companies to earn $4.58 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 37.1%.

TJX Companies Stock Performance

TJX stock opened at $155.58 on Tuesday. TJX Companies has a 1-year low of $116.37 and a 1-year high of $162.68. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The firm has a market cap of $172.76 billion, a PE ratio of 31.88, a P/E/G ratio of 3.57 and a beta of 0.73. The business's 50-day moving average price is $155.53 and its two-hundred day moving average price is $150.77.

TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.05. The company had revenue of $17.74 billion during the quarter, compared to the consensus estimate of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The company's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.23 earnings per share. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, research analysts forecast that TJX Companies will post 4.18 earnings per share for the current year.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women's, men's and children's apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company's business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.

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