TJX Companies Raises Quarterly Dividend by 13%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2026
0mins
Should l Buy TJX?
As previously reported, TJX Companies' board of directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. Ernie Herrman, Chief Executive Officer and President of TJX, stated, "I am pleased to announce that our Board of Directors has approved a 13% increase in our quarterly dividend. This marks our 29th dividend increase over the last 30 years. Over this period, TJX's dividend has grown at a compound annual rate of 20%. In addition, we plan to continue our significant share buyback program, with approximately $2.50 to $2.75 billion of repurchases planned for Fiscal 2027. These actions underscore our confidence in our ability to continue to increase sales, drive profitability, and deliver strong cash flow, allowing us to reinvest in the growth of TJX while simultaneously returning significant value to our shareholders."
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Analyst Views on TJX
Wall Street analysts forecast TJX stock price to rise
18 Analyst Rating
17 Buy
1 Hold
0 Sell
Strong Buy
Current: 153.360
Low
150.00
Averages
169.81
High
193.00
Current: 153.360
Low
150.00
Averages
169.81
High
193.00
About TJX
The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the United States (U.S.) and worldwide. The Company's segments include Marmaxx and HomeGoods, both in the U.S., TJX Canada and TJX International, including Europe and Australia. The TJ Maxx and Marshalls chains sell family apparel, including footwear and accessories, home fashions, including home basics, decorative accessories, and giftware and other merchandise. The HomeGoods segment operates HomeGoods and Homesense chains. HomeGoods offers an eclectic assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware, as well as expanded pet and gourmet food departments. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada, offering a range of home decor, furniture, and seasonal home merchandise. The TJX International segment operates the TK Maxx and Homesense chains in Europe and the TK Maxx chain in Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Consumer Confidence Dips: Consumer-related stocks, including TJX Companies and Nike, faced declines, highlighting investor anxiety over the potential economic pressures from rising energy prices, which could dampen consumer spending.
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- Earnings Release Schedule: TJX Companies plans to announce its Q1 Fiscal 2027 sales and earnings results on May 20, 2026, at 9:30 a.m. ET, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: At 11:00 a.m. ET on the same day, CEO Ernie Herrman will hold a conference call to discuss the earnings report, operations, and business trends, aiming to bolster investor confidence in the company's future direction.
- Real-Time Webcast: The call will be available via a live webcast on TJX.com, ensuring that the public can access the latest company updates, which underscores the company's dedication to information sharing.
- Company Overview: As a Fortune 100 company and leading off-price retailer, TJX offers brand-name merchandise at prices 20% to 60% below full-price retailers, operating over 5,200 stores globally, showcasing its strong market competitiveness and brand influence.
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- TJX Companies Strong Performance: TJX raised its dividend by 13%, marking the 29th increase in 30 years, with a solid same-store sales growth rate of 5%, demonstrating resilience and sustained growth in a challenging retail environment.
- Costco's Steady Growth: Costco increased its quarterly dividend from $1.30 to $1.47, and while its yield is 0.6%, its history of special dividends enhances investor confidence, indicating strong long-term returns potential.
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- Amazon E-commerce Growth: Amazon's Q1 e-commerce unit sales surged 15% year-over-year, marking the highest growth since the pandemic's end, indicating a rebound in consumer spending potentially linked to tax relief, thereby enhancing its market position in e-commerce.
- Walmart's E-commerce Surge: Walmart's e-commerce sales skyrocketed 24% year-over-year in Q4, significantly outpacing Amazon's 8% increase, with Q1 sales expected to grow 5% to $172 billion, showcasing its strong performance amid improving consumer spending trends.
- TJX's Consistent Growth: TJX has reported sales growth in 19 of the last 20 years, with comparable store sales rising 5% year-over-year in the latest fiscal quarter, and Q1 sales projected to increase 6.5% to $13.9 billion, reflecting its resilience and market appeal in a high-inflation environment.
- Future Growth Potential: TJX is expanding in Europe, Mexico, and the Middle East, while also adding new categories in its e-commerce channel, indicating significant growth potential in global markets and a positive outlook for future sales.
See More
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- Strong Stock Performance: TJX Companies' stock price has surged 312.3% over the past decade, significantly outperforming the S&P 500's 239.4%, reflecting robust market performance and investor confidence.
- Sustained Sales Growth: Despite challenging economic conditions, TJX reported a 5% increase in same-store sales for fiscal 2026, following a 4% gain the previous year, with management projecting a 2% to 3% growth this year, indicating resilience in adverse environments.
- Significant Expansion Potential: The company added 129 new stores last year, bringing its total to 5,214, highlighting substantial domestic and international expansion opportunities that further solidify its market position.
- Attractive Valuation for Investors: Although TJX's price-to-earnings ratio stands at 32, higher than its historical median of 19, its ongoing growth potential makes it an appealing investment opportunity, particularly across various economic cycles.
See More
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- Tech Stocks Surge: Stocks like Lumentum, Coherent, Corning, Western Digital, Micron, Seagate, Qualcomm, and Qnity Electronics have all risen over 5%, indicating strong market confidence in the tech sector, which may drive overall market gains further.
- Energy Stocks Rise: Energy stocks increased alongside oil prices after President Trump indicated challenges to the Iran ceasefire, reflecting market sensitivity to energy price fluctuations that could impact consumer spending and overall economic growth.
- Consumer Confidence Dips: Consumer-related stocks, including TJX Companies and Nike, faced declines, highlighting investor anxiety over the potential economic pressures from rising energy prices, which could dampen consumer spending.
- CPI Report Expectations: The upcoming Consumer Price Index report is expected to show a significant month-over-month increase, with economists predicting a 0.59% rise from March, which may prompt government actions to alleviate economic burdens on consumers, further influencing market sentiment.
See More
TJX Companies to Release Q1 Fiscal 2027 Earnings on May 20, 2026
- Earnings Release Schedule: TJX Companies plans to announce its Q1 Fiscal 2027 sales and earnings results on May 20, 2026, at 9:30 a.m. ET, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: At 11:00 a.m. ET on the same day, CEO Ernie Herrman will hold a conference call to discuss the earnings report, operations, and business trends, aiming to bolster investor confidence in the company's future direction.
- Real-Time Webcast: The call will be available via a live webcast on TJX.com, ensuring that the public can access the latest company updates, which underscores the company's dedication to information sharing.
- Company Overview: As a Fortune 100 company and leading off-price retailer, TJX offers brand-name merchandise at prices 20% to 60% below full-price retailers, operating over 5,200 stores globally, showcasing its strong market competitiveness and brand influence.
See More
Three Major U.S. Companies Announce Dividend Increases
- American Express Dividend Increase: American Express announced a 16% increase in its quarterly dividend to $0.95 per share, yielding 1.2%, while achieving an 11% revenue growth amidst economic pressures, showcasing its stability and growth potential.
- TJX Companies Strong Performance: TJX raised its dividend by 13%, marking the 29th increase in 30 years, with a solid same-store sales growth rate of 5%, demonstrating resilience and sustained growth in a challenging retail environment.
- Costco's Steady Growth: Costco increased its quarterly dividend from $1.30 to $1.47, and while its yield is 0.6%, its history of special dividends enhances investor confidence, indicating strong long-term returns potential.
- Importance of Dividend Growth: These three companies convey their financial health and long-term investment value through significant dividend increases, particularly as stable dividend income becomes a crucial consideration for investors facing inflationary pressures.
See More
Amazon Sees Strong E-Commerce Growth Amid Consumer Spending Recovery
- E-Commerce Sales Surge: Amazon's e-commerce unit sales grew 15% year-over-year in Q1, marking the highest growth since the pandemic's end, indicating a recovery in consumer spending potentially linked to tax relief.
- Walmart's Earnings Outlook: Walmart is expected to report a 5% year-over-year sales increase to $172 billion on May 21, with nearly all growth coming from existing stores, and earnings projected to rise 8% to $0.66 per share, reflecting strong performance amid improving consumer spending.
- E-Commerce Competitive Edge: Walmart's e-commerce sales surged 24% year-over-year in Q4, significantly outpacing Amazon's 8% increase, suggesting that Walmart's rapid growth in e-commerce could pose a competitive threat to Amazon.
- TJX Companies' Steady Growth: TJX has reported sales growth in 19 of the last 20 years, with Q1 sales expected to rise 6.5% to $13.9 billion, and management noted that the availability of quality inventory remains strong, which is crucial for attracting customers.
See More
Amazon, Walmart, and TJX Earnings Outlook
- Amazon E-commerce Growth: Amazon's Q1 e-commerce unit sales surged 15% year-over-year, marking the highest growth since the pandemic's end, indicating a rebound in consumer spending potentially linked to tax relief, thereby enhancing its market position in e-commerce.
- Walmart's E-commerce Surge: Walmart's e-commerce sales skyrocketed 24% year-over-year in Q4, significantly outpacing Amazon's 8% increase, with Q1 sales expected to grow 5% to $172 billion, showcasing its strong performance amid improving consumer spending trends.
- TJX's Consistent Growth: TJX has reported sales growth in 19 of the last 20 years, with comparable store sales rising 5% year-over-year in the latest fiscal quarter, and Q1 sales projected to increase 6.5% to $13.9 billion, reflecting its resilience and market appeal in a high-inflation environment.
- Future Growth Potential: TJX is expanding in Europe, Mexico, and the Middle East, while also adding new categories in its e-commerce channel, indicating significant growth potential in global markets and a positive outlook for future sales.
See More
Analysis of TJX Companies Stock Performance
- Strong Stock Performance: TJX Companies' stock price has surged 312.3% over the past decade, significantly outperforming the S&P 500's 239.4%, reflecting robust market performance and investor confidence.
- Sustained Sales Growth: Despite challenging economic conditions, TJX reported a 5% increase in same-store sales for fiscal 2026, following a 4% gain the previous year, with management projecting a 2% to 3% growth this year, indicating resilience in adverse environments.
- Significant Expansion Potential: The company added 129 new stores last year, bringing its total to 5,214, highlighting substantial domestic and international expansion opportunities that further solidify its market position.
- Attractive Valuation for Investors: Although TJX's price-to-earnings ratio stands at 32, higher than its historical median of 19, its ongoing growth potential makes it an appealing investment opportunity, particularly across various economic cycles.
See More
