LONDON, UK / ACCESSWIRE / May 15, 2018 / Active-Investors has a free review on The TJX Cos., Inc. (NYSE: TJX) following the Company's announcement that it will begin trading ex-dividend on May 16, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on May 15, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on TJX:

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Dividend Declared

On April 04, 2018, TJX announced that its Board of Directors has raised the amount of its quarterly dividend by 25% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $0.39 per share, payable June 07, 2018, to shareholders of record on May 17, 2018.

TJX's indicated dividend represents a yield of 1.86% compared to the average dividend yield of 2.05% for the Services sector. This marks TJX's 22nd consecutive year of dividend increases. Over this period, the Company's dividend has grown at a compound annual rate of 23%.

Dividend Insights

TJX has a dividend payout ratio of 32.4%, which means that the Company spends approximately $0.32 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, TJX is forecasted to report earnings of $5.30 per share for the next year, which is more than three times higher than the Company's annualized dividend of $0.48 per share.

As of February 03, 2018, TJX's cash and cash equivalents totaled $2.76 billion compared to $2.93 billion as on January 28, 2017. For the fifty-three weeks ended February 03, 2018, the Company's net cash provided by operating activities totaled $3.03 billion compared to $3.63 billion for the year ago corresponding period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Earnings Announcement

On May 08, 2018, TJX announced that it plans to release its first quarter fiscal 2019 sales and earnings results on May 22, 2018, before 9:30 a.m. ET. At 11:00 a.m. ET on the same day, Ernie Herrman, TJX's Chief Executive Officer and President, will hold a conference call to discuss the Company's first quarter fiscal 2019 results, operations, and business trends.

About The TJX Companies, Inc.

TJX Cos. is the leading off-price retailer of apparel and home fashions in the US and worldwide. As of February 03, 2018, the end of the Company's last fiscal year, the Company operated a total of 4,070 stores in nine countries - the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia - and 3 ecommerce sites.

Stock Performance Snapshot

May 14, 2018 - At Monday's closing bell, TJX Cos.' stock climbed 1.01%, ending the trading session at $84.92.

Volume traded for the day: 3.52 million shares.

Stock performance in the last month ? up 4.50%; previous three-month period ? up 12.16%; past twelve-month period ? up 9.84%; and year-to-date ? up 11.06%

After yesterday's close, TJX Cos.' market cap was at $53.48 billion.

Price to Earnings (P/E) ratio was at 21.73.

The stock has a dividend yield of 1.84%.

The stock is part of the Services sector, categorized under the Department Stores industry. This sector was up 0.3% at the end of the session.

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