September 9, 2011
TJX Will Pay Out Quarterly Dividend
By Rick Saia
The TJX Cos. announced a quarterly dividend of 19 cents per share of common stock.
Shareholders of record as of Nov. 10, 2011 will receive the payout Dec. 1. Framingham-based TJX is the parent company of such retail clothing chains as T.J. Maxx and Marshalls, as well as HomeGoods.
The company posted a $348 million profit on $5.5 billion in sales for the most recent quarter. That's a 14 percent increase in profit and an 8 percent jump in sales compared to the same period last year.
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