TJX Is Likely to Reverse Dividend Cuts Soon. Shares of TJX Companies (TJX) - Get Report rose Wednesday after the TJ Maxx, Marshalls parent posted better-than-expected third-quarter earnings and raised its dividend 13%. And indeed, it announced March 18 that its board agreed to dividend cuts: an 89% reduction, to be precise, from 91 cents per share quarterly to 10 cents for May's Q1 payout. In addition, The TJX Companies Inc. saw 10.87% in overturn over a single year, with a tendency to cut further gains. The TJX Companies, Inc suspended its dividend on 21 May, so reducing DivGro's PADI by $184. That’s a good sign. TJX Companies has not cut its dividend in the recent past. Dividend Yield: Fair (2) This indicator measures a stock's current dividend yield, and compares it to similar stocks and historical yields. TJX Dividend Ratings. TJX Dividend History & Description — TJX Companies, Inc. TJX Companies is an off-price apparel and home fashions retailer. Dividend Cut & Suspension List In this new section, we will track to the best of our knowledge all the dividend cuts and suspensions announced by … Shares of TJ Maxx parent TJX Companies rose after the company reported earnings that beat analyst expectations. 1. TJX's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! TJX Cos. (TJX) to Raised Dividend 13%, Approves $1.5B Additional Buyback Plan. Co.'s HomeGoods segment is an off-price retailer of home fashions in the United States. It declared a quarterly dividend of 12.5 cents a share, down 75% from 50 cents, on April 17. TJX Companies TJX Suspension HOLD Helmerich & Payne HP 65% cut SELL LEAR LEA Suspension HOLD Anheuser-Busch InBev BUD 50% cut SELL Additional thoughts for each dividend cutters Vermilion Energy VET posted a disastrous quarter and blamed the virus for the dividend cut! discount) retailer with more than 4,000 stores in nine countries on three continents (United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia). The TJX Companies, Inc. For the full year ended Feb. 2, TJX reported net income of $3.1 billion, or $2.43 a diluted share, vs. $2.6 billion, or $2.02 a diluted share in the comparable year-earlier period. TJX's next quarterly dividend payment will be made to shareholders of record on Thursday, March 4. BofA came up with 20 stocks with seemingly bulletproof dividend cuts: S&P 500 Utilities and Financials Check out our latest analysis for TJX Companies . Insider Trading Reports are indicating that there were more than several insider trading activities at TJX starting from MEYROWITZ CAROL, who sale 77,892 shares at the price of $61.22 back on Nov 20. This was a 2 for 1 split, meaning for each share of TJX owned pre-split, the shareholder now owned 2 shares. 29th June: Simon Property Group, Inc. ( SPG ) cut its dividend by 38% 14th July: Wells Fargo & Company ( WFC ) cut its dividend by 80% The company operates T.J. Maxx stores, Marshalls stores, and Winners Apparel Ltd. stores, a Canadian off-price family apparel and home fashions chain. By Mark R. Hake, CFA Mar 26, 2020 TJX will rebound based on the company's liquidity moves. Shares of the Framingham, Mass. Financials and utilities sector companies also had to have a payout ratio—a firm’s dividends as a percentage of net income—below their sector mean and lower earnings-per-share volatility than the S&P 500 average,” Barron’s said. Avoid costly dividend cuts and build a safe income stream for … TJX has four operating divisions: T… As a result, readers should always check whether TJX Companies has been able to grow its dividends, or if the dividend might be cut. The next TJX Companies, Inc. dividend will go ex in 2 months for 26c and will be paid in 2 months . TJX's 5th split took place on November 07, 2018. ET ... Is The TJX Companies (TJX… Action: Dividend cut. The company’s stores operate under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. TJX Cos. … Invesco cuts dividend 50% AP Images. TJX Companies suspended both its dividend and its stock buyback spending in response, but losses still amounted to $0.20 per share through the first nine months of … Founded in 1956 in Framingham, Massachusetts, TJX Companies is the world’s largest off-price (i.e. My average cost basis is $44.21, whereas TJX closed at $55.30 per share on Tuesday, 26 May. 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