The TJX Companies, Inc. (TJX) to Issue Quarterly Dividend of $0.48 on September 3rd

The TJX Companies, Inc. (NYSE:TJX) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Thursday, August 13th will be paid a dividend of 0.48 per share by the apparel and home fashions retailer on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, August 13th.

TJX Companies has increased its dividend payment by an average of 0.5%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. TJX Companies has a dividend payout ratio of 38.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect TJX Companies to earn $5.66 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 33.9%.

TJX Companies Stock Performance

Shares of TJX stock opened at $167.81 on Thursday. TJX Companies has a one year low of $119.84 and a one year high of $167.92. The company’s 50-day moving average is $157.32 and its 200 day moving average is $155.88. The company has a market capitalization of $185.38 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 3.58 and a beta of 0.62. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.14.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, beating the consensus estimate of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same period in the prior year, the firm posted $0.92 EPS. TJX Companies’s revenue for the quarter was up 9.2% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. Sell-side analysts expect that TJX Companies will post 5.15 EPS for the current fiscal year.

Key TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: Erste Group Bank raised its earnings estimates for TJX, now expecting $5.20 per share in FY2027 and $5.75 in FY2028, which signals confidence in continued profit growth. TJX earnings estimate update
• Positive Sentiment: Recent analyst commentary remained constructive, with coverage highlighting TJX’s ability to keep taking market share from department stores and benefit from its off-price value proposition. TJX Positioned for Continued Market Share Gains From Department Stores, UBS Says
• Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, reinforcing its strong cash generation and shareholder return profile. The TJX Companies, Inc. Announces Quarterly Common Stock Dividend
• Positive Sentiment: Investors are also reacting to earlier signs of strong comparable sales and earnings beats, which support the view that TJX’s off-price model is still resonating with shoppers. Will Stronger-Than-Expected Comps and New Debt Shelf Shape TJX Companies’ (TJX) Investment Narrative?
• Neutral Sentiment: Media pieces questioning whether TJX is a “buy” were mostly commentary on analyst optimism rather than a meaningful new rating change. Is TJX (TJX) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: Chairman Carol Meyrowitz sold 55,624 shares, a sizable transaction that can weigh on sentiment even though insider sales do not necessarily reflect operating weakness. Insider Selling: TJX Companies (NYSE:TJX) Chairman Sells 55,624 Shares of Stock

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.