TJX Companies increases quarterly dividend by 13 percent
TK Maxx storefront Credits: TJX Off-price retailer The TJX Companies has raised the amount of its quarterly dividend by 13 percent from the last dividend paid. The company’s board declared a regular quarterly dividend in the amount of 0.425 cents per share, payable June 5, 2025, to shareholders of record on May 15, 2025. CEO and president Ernie Herrman, said, “This marks our 28th dividend increase over the last 29 years. Over this period, TJX’s dividend has grown at a compound annual rate of 20 percent.” In addition, the company plans to continue the share buyback program, with approximately 2 to 2.5 billion dollars of repurchases planned for fiscal 2026. “These actions underscore our confidence in our ability to continue driving sales and profitability, and delivering strong cash flow. All of this enables us to simultaneously reinvest in the growth of the business and return significant value to our shareholders,” added Herrman. TJX's recent performance for the fourth quarter of fiscal 2025 includes net sales of 16.4 billion dollars, with consolidated comparable store sales increasing by 5 percent, and net income of 1.4 billion dollars, resulting in diluted earnings per share of 1.23 dollars, a 10 percent increase. The company’s recent financial performance and shareholder returns underscore TJX's commitment to delivering value to its shareholders.
Off-price retailer The TJX Companies has raised the amount of its quarterly dividend by 13 percent from the last dividend paid.
The company’s board declared a regular quarterly dividend in the amount of 0.425 cents per share, payable June 5, 2025, to shareholders of record on May 15, 2025.
CEO and president Ernie Herrman, said, “This marks our 28th dividend increase over the last 29 years. Over this period, TJX’s dividend has grown at a compound annual rate of 20 percent.”
In addition, the company plans to continue the share buyback program, with approximately 2 to 2.5 billion dollars of repurchases planned for fiscal 2026.
“These actions underscore our confidence in our ability to continue driving sales and profitability, and delivering strong cash flow. All of this enables us to simultaneously reinvest in the growth of the business and return significant value to our shareholders,” added Herrman.
TJX's recent performance for the fourth quarter of fiscal 2025 includes net sales of 16.4 billion dollars, with consolidated comparable store sales increasing by 5 percent, and net income of 1.4 billion dollars, resulting in diluted earnings per share of 1.23 dollars, a 10 percent increase.
The company’s recent financial performance and shareholder returns underscore TJX's commitment to delivering value to its shareholders.
