TJX Companies Keeping Dividend Steady
Sep 20th 2013 2:34PM
Updated Sep 20th 2013 2:38PM
TJX Companies' dividend payout will be staying steady this quarter at $0.145 per share. The company behind retailer TJ Maxx has paid this amount to investors since June 2013, after upping the payout by 26% from $0.115. The latest quarterly amount will be payable on Dec. 5 to shareholders of record as of Nov. 14.
The company's dividend adds to an annualized $0.58 per share of common stock. As of the market's close on Sept. 19, the company's stock was trading at $56.72. This means the retail company currently has a 1% dividend yield.
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