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TJX (TJX) 5-Year Dividend Growth Rate : 15.60% (As of Jan. 2024)


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What is TJX 5-Year Dividend Growth Rate?

TJX's Dividends per Share for the three months ended in Jan. 2024 was $0.33.

During the past 12 months, TJX's average Dividends Per Share Growth Rate was 12.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 77.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TJX was 77.80% per year. The lowest was -27.30% per year. And the median was 18.00% per year.

TJX's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.30. As of today, TJX's Dividend Yield % is 1.42%.

Warning Sign:

TJX Companies Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of TJX's 5-Year Dividend Growth Rate

For the Apparel Retail subindustry, TJX's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TJX's 5-Year Dividend Growth Rate Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where TJX's 5-Year Dividend Growth Rate falls into.



TJX 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


TJX  (NYSE:TJX) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

TJX's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.333/ 1.12
=0.30

During the past 13 years, the highest Dividend Payout Ratio of TJX was 0.90. The lowest was 0.21. And the median was 0.32.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

TJX Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3332024-02-142024-02-152024-03-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.3332023-11-082023-11-092023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.3332023-08-092023-08-102023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3332023-05-102023-05-112023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TJX's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.332/95.28
=1.40 %

Current Share Price is $95.28.
TJX's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.332.

During the past 13 years, the highest Dividend Yield of TJX was 2.37%. The lowest was 0.33%. And the median was 1.27%.

Warning Sign:

TJX Companies Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TJX 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of TJX's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


TJX (TJX) Business Description

Address
770 Cochituate Road, Framingham, MA, USA, 01701
TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 21,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 4,900 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.
Executives
Ernie Herrman officer: SEVP, President, Marmaxx 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Wagner Charles F Jr director C/O MILLIPORE CORP, BILLERICA MA 01820
Carol Meyrowitz officer: President -- Marmaxx Group TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Kenneth Canestrari officer: SEVP - Group President THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Scott Goldenberg officer: EVP, CFO THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
John Klinger officer: EVP, CFO C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Louise Greenlees officer: SEVP - Group President C/O THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Richard Sherr officer: SEVP, Group President THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
C Kim Goodwin director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Zein Abdalla director 700 ANDERSON HILL ROAD, LEGAL DEPARTMENT, 1/2, PURCHASE NY 10577
Michael F Hines director
Rosemary T Berkery director MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038
David T Ching director C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Douglas W. Mizzi officer: SEVP - Group President THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701

TJX (TJX) Headlines

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