02-23-2022, 09:23 AM
TJX (NYSE:TJX) declares $0.295/share quarterly dividend, 13.5% increase from prior dividend of $0.260.
Forward yield 1.81%
The dividend is expected to be payable in June 2022.
The Company plans to repurchase approximately $2.25 to $2.50 billion during the fiscal year ending January 28, 2023. With $0.8 billion remaining at Fiscal 2022 year end under the existing stock repurchase programs, the Company approved a new stock repurchase program that authorizes the repurchase of up to an additional $3.0 billion.
The new authorization represents approximately 4% of the Company’s outstanding shares at current prices.
Forward yield 1.81%
The dividend is expected to be payable in June 2022.
The Company plans to repurchase approximately $2.25 to $2.50 billion during the fiscal year ending January 28, 2023. With $0.8 billion remaining at Fiscal 2022 year end under the existing stock repurchase programs, the Company approved a new stock repurchase program that authorizes the repurchase of up to an additional $3.0 billion.
The new authorization represents approximately 4% of the Company’s outstanding shares at current prices.