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TJX (MEX:TJX) Dividend Yield % : 1.06% (As of Dec. 13, 2024)


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What is TJX Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of TJX is 1.06%.

Warning Sign:

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

The historical rank and industry rank for TJX's Dividend Yield % or its related term are showing as below:

MEX:TJX' s Dividend Yield % Range Over the Past 10 Years
Min: 0.33   Med: 1.32   Max: 2.37
Current: 1.06

During the past 13 years, the highest Dividend Yield of TJX was 2.37%. The lowest was 0.33%. And the median was 1.32%.

MEX:TJX's Dividend Yield % is ranked worse than
80.49% of 574 companies
in the Retail - Cyclical industry
Industry Median: 2.48 vs MEX:TJX: 1.06

TJX's Dividend Payout Ratio for the three months ended in Oct. 2024 was 0.33.

During the past 13 years, the highest Dividend Payout Ratio of TJX was 0.90. The lowest was 0.21. And the median was 0.34.

As of today (2024-12-13), the Forward Dividend Yield % of TJX is 1.18%.

TJX's Dividends per Share for the three months ended in Oct. 2024 was MXN7.51.

During the past 12 months, TJX's average Dividends Per Share Growth Rate was 12.70% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


TJX Dividend Yield % Historical Data

The historical data trend for TJX's Dividend Yield % can be seen below:

* 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.

* Premium members only.

TJX Dividend Yield % Chart

TJX Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 0.35 1.47 1.49 1.36

TJX Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.36 1.41 1.11 1.11

Competitive Comparison of TJX's Dividend Yield %

For the Apparel Retail subindustry, TJX's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where TJX's Dividend Yield % falls into.



TJX Dividend Yield % Calculation

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 0.3750002024-11-142024-11-142024-12-05Cash DividendquarterlyUSD:MXN 20.338100
USD 0.3750002024-08-152024-08-152024-09-05Cash DividendquarterlyUSD:MXN 19.138200
USD 0.3750002024-05-152024-05-162024-06-06Cash DividendquarterlyUSD:MXN 16.803300
USD 0.3325002024-02-142024-02-152024-03-07Cash DividendquarterlyUSD:MXN 17.093700

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=26.78850525/2564.02
=1.04 %

Current Share Price is MXN2564.02.
TJX's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN26.78850525.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=30.50715/2564.02
=1.19 %

Current Share Price is MXN2564.02.
TJX's Dividends per Share for the forward twelve months is calculated as MXN7.6267875 * 4 = MXN30.50715.

* 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  (MEX:TJX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


TJX Dividend Yield % Related Terms

Thank you for viewing the detailed overview of TJX's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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 5,000 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.