TJX Companies hikes dividend by 13.3%

TJX Companies (TJX) has announced a 13% increase in its quarterly dividend, raising it to $0.425 per share. This increase results in a dividend yield of 1.3% based on the current stock price of $121.

The ex-dividend date is set for May 15, 2025, and shareholders can expect the payment on June 5, 2025.

With this increase, TJX continues its strong track record, marking the fourth consecutive year of dividend growth.

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