TJX Cos. (TJX) Declares $0.26 Quarterly Dividend; 1.5% Yield

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The TJX Companies, Inc. Reinstates Share Repurchase Program, Announces Quarterly Common Stock Dividend, and Updates Q2 FY22 Sales Trends

May 27, 2021 4:05 PM EDT

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has reinstated its share repurchase program. The Company plans to repurchase approximately $1.0 billion to $1.25 billion of TJX stock during the fiscal year ending January 29, 2022, and currently has approximately $3.0 billion remaining under its existing stock repurchase programs. TJX also announced the declaration of a quarterly dividend on its common stock of $.26 per share payable September 2, 2021, to shareholders of record on August 12, 2021. Further, as of today, the Company continues to see second quarter overall open-only comp... More