TJX Companies is a dividend paying company with a current yield of 1.58% 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
1.6%
Dividend yield
34%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
06 Jun 24
Ex dividend date
15 May 24
Dividend per share
n/a
Earnings per share
Mex$3.95
Dividend yield forecast in 3Y
1.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does TJX * dividend yield compare to the market?
Segment
Dividend Yield
Company (TJX *)
1.6%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Specialty Retail)
3.6%
Analyst forecast in 3 Years (TJX *)
1.8%
Notable Dividend: TJX *'s dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: TJX *'s dividend (1.58%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), TJX *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), TJX *'s dividend payments are well covered by cash flows.