TJX Companies Dividend
Dividend criteria checks 3/6
TJX Companies is a dividend paying company with a current yield of 1.54% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 15th May, 2024.
Key information
1.5%
Dividend yield
34%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | 06 Jun 24 |
Ex dividend date | 15 May 24 |
Dividend per share | n/a |
Earnings per share | €3.95 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TJXD's dividend payments have been volatile in the past 10 years.
Growing Dividend: TJXD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TJX Companies Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TJXD) | 1.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Specialty Retail) | 3.5% |
Analyst forecast in 3 Years (TJXD) | 1.8% |
Notable Dividend: TJXD's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: TJXD's dividend (1.54%) is low compared to the top 25% of dividend payers in the UK market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), TJXD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), TJXD's dividend payments are well covered by cash flows.