TJX Companies Dividends and Buybacks
Dividend criteria checks 4/6
TJX Companies is a dividend paying company with a current yield of 1.25% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
1.3%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | AR$1.437k |
| Payout ratio | 34% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TJX's dividend payments have been volatile in the past 10 years.
Growing Dividend: TJX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TJX Companies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TJX) | 1.3% |
| Market Bottom 25% (AR) | 0.6% |
| Market Top 25% (AR) | 3.2% |
| Industry Average (Specialty Retail) | 4.6% |
| Analyst forecast (TJX) (up to 3 years) | 1.5% |
Notable Dividend: TJX's dividend (1.25%) is higher than the bottom 25% of dividend payers in the AR market (0.6%).
High Dividend: TJX's dividend (1.25%) is low compared to the top 25% of dividend payers in the AR market (3.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), TJX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38%), TJX's dividend payments are well covered by cash flows.