Tuesday, April 01, 2008

TJX Companies, Inc. Increases Dividend 22%

Today, TJX Companies, Inc. (TJX) announced a 22.22% increase in its quarterly cash dividend. The new dividend increases to 11 cents per share versus 9 cents per share in the same quarter last year. The projected payout ratio increases to 20% based on estimated January 2009 earnings per share of $2.22. This compares to the 5-year historical average payout of 13%. The company carries a S&P Quality Ranking of A+.

(click on table/chart for larger image)

TJX Cos. dividend analysis table April 1, 2008
TJX Companies stock chart April 1, 2008

No comments :