TJX Companies Dividend yield

TJX Companies is part of General Retailers business, which is part of Consumer Services industry. TJX Companies is a company from USA, and his stocks are publicly traded.

TJX Companies stock dividend

TJX Companies paid a total dividend of 1,532 million USD last year, for a market value of 106,537 millions (Market Cap 106,375 millions). TJX Companies dividend per share is 1.33 USD, and his stock market price 92.48 USD.

According to the chart below, where dividend yield is displayed, TJX Companies has a dividend yield of 1.44%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare TJX Companies stocks dividend with other General Retailers companies or other of the highest USA dividend stocks list.

TJX Companies Dividend Payout

About the ability of TJX Companies to maintain his current dividend of USD 1.33 per share, an amount that accounts for 1.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TJX Companies payout on ernings is currently 43.75%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that TJX Companies can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of TJX Companies is USD 3.54 per share, which is higher than the dividend per share paid by the company of USD 1.33, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of TJX Companies, compared againt world market average, USA companies, Consumer Services industry and General Retailers sector companies.

TJX Companies Dividend History

Below you will find a table with the historical evolution of TJX Companies's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	1.44%	1.33	43.75%	1,152
2022	1.48%	1.18	41.84%	1,161
2021	1.37%	1.04	0.00%	1,206
2020	1.35%	0.92	33.70%	1,198
2019	1.51%	0.92	36.51%	1,215
2018	1.74%	0.78	38.42%	1,238
2017	1.63%	1.25	34.63%	636
2016	1.33%	1.04	30.23%	662
2015	1.19%	0.84	25.85%	682

*In millions

Then you can see the evolution of TJX Companies dividend stock, and compare it with the average of USA stocks and that of the General Retailers stocks.

TJX Companies Stock performance

Finally, last moth TJX Companies showed a return of 6.90% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 48.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and General Retailers firms.