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

Core Viewpoint - The TJX Companies, Inc. has announced a 13% increase in its quarterly dividend, marking the 29th increase in the last 30 years, reflecting strong financial performance and confidence in future growth [1][2]. Dividend Announcement - The Board of Directors declared a quarterly dividend of $0.48 per share, payable on June 4, 2026, to shareholders of record on May 14, 2026 [1]. - This increase represents a compound annual growth rate of 20% in dividends over the past 30 years [2]. Share Buyback Program - The company plans to continue its significant share buyback program, with approximately $2.50 to $2.75 billion allocated for repurchases in Fiscal 2027 [2]. Company Overview - The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions, operating over 5,200 stores across ten countries [3]. - The company offers a wide range of quality, fashionable merchandise at prices generally 20% to 60% below full-price retailers [3].