TJX Companies Dividend
Dividend criteria checks 4/6
TJX Companies is a dividend paying company with a current yield of 1.59% 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 | 2.0% |
| Next dividend pay date | 06 Jun 24 |
| Ex dividend date | 15 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.95 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
TJX Companies (NYSE:TJX) Has A Pretty Healthy Balance Sheet
Apr 13
TJX Companies Could Potentially Beat Its FY25 Guidance
Apr 04TJX Companies (NYSE:TJX) May Have Issues Allocating Its Capital
Apr 01US$109 - That's What Analysts Think The TJX Companies, Inc. (NYSE:TJX) Is Worth After These Results
Mar 01TJX Companies Q4 Earnings Preview: Appears Priced To Perfection At Its Record High
Feb 26A Look At The Intrinsic Value Of The TJX Companies, Inc. (NYSE:TJX)
Feb 21Is Now The Time To Put TJX Companies (NYSE:TJX) On Your Watchlist?
Feb 02TJX: Expensively Priced But Strong Fundamentals May Keep Uptrend Intact
Jan 26We Think TJX Companies (NYSE:TJX) Can Stay On Top Of Its Debt
Jan 08The TJX Companies: Positive Traffic Trends Support Growth Outlook
Dec 26What The TJX Companies, Inc.'s (NYSE:TJX) P/E Is Not Telling You
Dec 25The TJX Companies: Good Company, But A De-Rating Is More Than Likely
Dec 19Calculating The Fair Value Of The TJX Companies, Inc. (NYSE:TJX)
Nov 15TJX Companies: Unraveling Retail Success Story
Nov 12Is Now The Time To Put TJX Companies (NYSE:TJX) On Your Watchlist?
Oct 29TJX Companies: Solid Execution With Margin Expansion Opportunities
Oct 20TJX Companies: Valuation No Longer Attractive
Oct 11When Should You Buy The TJX Companies, Inc. (NYSE:TJX)?
Oct 02There Are Reasons To Feel Uneasy About TJX Companies' (NYSE:TJX) Returns On Capital
Sep 18TJX Companies: Raising Price Target As Momentum Continues
Sep 06TJX Companies (NYSE:TJX) Has A Rock Solid Balance Sheet
Sep 05A Look At The Fair Value Of The TJX Companies, Inc. (NYSE:TJX)
Aug 15TJX Companies Q2 Earnings Preview: Looking For Improvement In The HomeGoods Unit
Aug 14With EPS Growth And More, TJX Companies (NYSE:TJX) Makes An Interesting Case
Jul 20Is It Time To Consider Buying The TJX Companies, Inc. (NYSE:TJX)?
Jun 26TJX Companies: The Reasons Our View Remains Neutral
Jun 26Capital Allocation Trends At TJX Companies (NYSE:TJX) Aren't Ideal
Jun 14Does TJX Companies (NYSE:TJX) Have A Healthy Balance Sheet?
Jun 02A Look At The Intrinsic Value Of The TJX Companies, Inc. (NYSE:TJX)
May 17Does TJX Companies (NYSE:TJX) Deserve A Spot On Your Watchlist?
Apr 14Is It Time To Consider Buying The TJX Companies, Inc. (NYSE:TJX)?
Mar 21TJX Companies (NYSE:TJX) Is Reinvesting At Lower Rates Of Return
Mar 09The TJX Companies: Off-Price Remains The Best Bet In Retail
Feb 21The TJX Companies, Inc. (NYSE:TJX) Shares Could Be 34% Above Their Intrinsic Value Estimate
Feb 13TJX Companies: Risky On A Positive Labor Market Report And Potential Inventory Impairments
Feb 04Is TJX Companies (NYSE:TJX) Using Too Much Debt?
Jan 30TJX Companies: Resilient Business Model Delivering Treasured Goods
Jan 21If EPS Growth Is Important To You, TJX Companies (NYSE:TJX) Presents An Opportunity
Jan 06Should You Think About Buying The TJX Companies, Inc. (NYSE:TJX) Now?
Dec 13Capital Allocation Trends At TJX Companies (NYSE:TJX) Aren't Ideal
Dec 01Upcoming 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TJX) | 1.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Specialty Retail) | 2.0% |
| Analyst forecast in 3 Years (TJX) | 1.8% |
Notable Dividend: TJX's dividend (1.59%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: TJX's dividend (1.59%) is low compared to the top 25% of dividend payers in the US market (4.8%).
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.