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TJX Raises Dividend 13% to 33.25 Cents, Plans $2 Billion to $2.5 Billion Buyback in FY24

Provided by Dow Jones

Mar 28, 2023 8:08pm

By Denny Jacob

TJX Cos., the owner of T.J. Maxx, on Tuesday said its board raised its quarterly dividend by 13% to 33.25 cents a share from 25.55 cents.

The Framingham, Mass.-based retailer, said the dividend is payable on June 1 to shareholders of record on May 11.

TJX also said it's planning for between $2 billion and $2.5 billion of share repurchases in fiscal 2024.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 28, 2023 16:08 ET (20:08 GMT)

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