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The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend

TJX
  • The TJX Companies, Inc. Board of Directors raised its quarterly dividend by 13% to $.48 per share.
  • The dividend is payable on June 4, 2026, to shareholders of record on May 14, 2026.
  • This announcement marks the company's 29th dividend increase over the last 30 years.
  • TJX's dividend has grown at a compound annual rate of 20% over the past three decades.
  • The company plans to execute a share buyback program valued between $2.50 billion to $2.75 billion for Fiscal 2027.
  • CEO Ernie Herrman stated these actions reflect confidence in the company's ability to drive sales, profitability, strong cash flow, shareholder value, growth reinvestment.
  • The TJX Companies, Inc. operates over 5,200 stores across ten countries, including brands such as TJ Maxx, Marshalls, HomeGoods, Homesense, Sierra, Winners, TK Maxx.
  • The company also operates e-commerce sites for TJ Maxx, Marshalls, Sierra in the U.S., three TK Maxx sites in Europe.
  • The release includes standard cautionary language regarding forward-looking statements risks, uncertainties that could cause actual results to differ from expectations.