The TJX Companies, Inc. Announces Quarterly Common Stock Dividend

Rhea-AI Summary

The TJX Companies, Inc. (NYSE: TJX), a leading off-price retailer of apparel and home fashions, has declared a quarterly dividend of $0.375 per share on its common stock. The dividend is payable on December 5, 2024, to shareholders of record as of November 14, 2024. TJX operates over 5,000 stores across nine countries, including brands like TJ Maxx, Marshalls, and HomeGoods. The company's mission is to deliver great value to customers by offering quality, brand-name merchandise at 20% to 60% below full-price retailers' regular prices. TJX also maintains e-commerce sites for several of its brands and focuses on corporate responsibility efforts.

Positive

• Consistent quarterly dividend payment of $0.375 per share
• Extensive retail presence with over 5,000 stores across nine countries
• Strong value proposition offering 20-60% discounts compared to full-price retailers
• Diverse brand portfolio including TJ Maxx, Marshalls, HomeGoods, and others
• E-commerce presence for multiple brands in the U.S. and Europe

Negative

• None.

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- The TJX Companies, Inc. (NYSE: TJX) today announced the declaration of a quarterly dividend on its common stock of $.375 per share payable December 5, 2024, to shareholders of record on November 14, 2024.

About The TJX Companies, Inc.

The TJX Companies, Inc., a Fortune 100 company, is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Our mission is to deliver great value to customers every day. We do this by offering a rapidly changing assortment of quality, fashionable, brand name, and designer merchandise at prices generally 20% to 60% below full-price retailers’ regular prices on comparable merchandise. We operate over 5,000 stores across nine countries, including TJ Maxx, Marshalls, HomeGoods, Homesense, and Sierra in the U.S.; Winners, HomeSense, and Marshalls in Canada; TK Maxx and Homesense in Europe, and TK Maxx in Australia. We also operate e-commerce sites for TJ Maxx, Marshalls, and Sierra in the U.S. and three sites for TK Maxx in Europe. Our value mission extends to our corporate responsibility efforts, which are focused on supporting our Associates, giving back in the communities we serve, the environment, and operating responsibly. Additional information about TJX’s press releases, financial information, and corporate responsibility are available at TJX.com.

Important Information at Website

The Company routinely posts information that may be important to investors in the Investors section at TJX.com. The Company encourages investors to consult that section of its website regularly.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240917897589/en/

Debra McConnell

Global Communications

(508) 390-2323

Source: The TJX Companies, Inc.

FAQ

When is TJX's next dividend payment date?

TJX's next dividend payment date is December 5, 2024, for shareholders of record as of November 14, 2024.

How much is TJX's quarterly dividend per share?

TJX has declared a quarterly dividend of $0.375 per share on its common stock.

How many stores does TJX operate globally?

TJX operates over 5,000 stores across nine countries, including various brands such as TJ Maxx, Marshalls, and HomeGoods.

What is TJX's pricing strategy compared to full-price retailers?

TJX offers merchandise at prices generally 20% to 60% below full-price retailers' regular prices on comparable items.