The Dividend Growth Story of The TJX Companies (TJX) in Retail Dividend Stocks

Group 1 - The TJX Companies, Inc. operates over 5,000 off-price stores across nine countries, with TJ Maxx as its leading brand, and is known for offering discounted brand-name merchandise in a "treasure hunt" shopping atmosphere [2][3] - The business strength of TJX is based on five pillars: opportunistic purchasing, flexible store format, global scale, the treasure-hunt shopping experience, and tight cost control, enabling quick adaptation to consumer preferences and growth in its store base [3] - On September 17, TJX declared a quarterly dividend of $0.425 per share, maintaining its previous dividend level, and has increased its dividends for 28 consecutive years, with a current dividend yield of 1.22% as of September 22 [4]