April 8, 2009
TJX Bumps Dividend 9%
By Matthew L. Brown
The TJX Cos. Inc. will pay a regular quarterly dividend of $0.12 per share, a 9 percent increase over the last dividend the Framingham-based discount retailer paid.
The dividend is payable June 4 to shareholders who own stock in the company as of May 14.
Even as the economy has worsened, the company's cash flow has remained strong, the company said.
TJX operates TJ Maxx, Marshalls, HomeGoods, AJ Wright and other discount stores.
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