The TJX Companies, Inc. (TJX) to Issue Quarterly Dividend of $0.43 on March 5th

The TJX Companies, Inc. (NYSE:TJX) declared a quarterly dividend on Tuesday, December 9th. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.425 per share by the apparel and home fashions retailer on Thursday, March 5th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 12th.

TJX Companies has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 5 years. TJX Companies has a dividend payout ratio of 34.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect TJX Companies to earn $4.58 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 37.1%.

TJX Companies Price Performance

TJX Companies stock opened at $155.79 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.43 and a current ratio of 1.09. TJX Companies has a 52 week low of $112.10 and a 52 week high of $156.40. The stock has a market capitalization of $173.00 billion, a P/E ratio of 34.39, a price-to-earnings-growth ratio of 3.44 and a beta of 0.76. The stock has a fifty day moving average of $145.87 and a 200-day moving average of $136.07.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $15.12 billion for the quarter, compared to analysts’ expectations of $14.80 billion. TJX Companies had a return on equity of 58.30% and a net margin of 8.68%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.14 earnings per share. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS and its FY 2026 guidance at 4.630-4.660 EPS. On average, sell-side analysts expect that TJX Companies will post 4.18 earnings per share for the current fiscal year.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.