The TJX Companies, Inc. Reports Q4 and FY18 Results; Achieves Above-Plan Q4 Comp Sales Growth of 4% and Exceeds Q4 EPS Expectations; Announces Plan to Increase Dividend 25% and Buy Back $2.5 to $3.0 B

Go back to The TJX Companies, Inc. Reports Q4 and FY18 Results; Achieves Above-Plan Q4 Comp Sales Growth of 4% and Exceeds Q4 EPS Expectations; Announces Plan to Increase Dividend 25% and Buy Back $2.5 to $3.0 B

The TJX Companies (TJX) PT Raised to $94 at BMO Capital

March 1, 2018 9:31 AM EST

BMO Capital raised its price target on The TJX Companies (NYSE: TJX) to $94.00 (from $85.00) while maintaining a Outperform rating.

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TJX Cos. (TJX) Plans to Raise Dividend 25%, Sees $2.5-$3B in Buybacks in FY19

February 28, 2018 8:42 AM EST

TJX Cos. (NYSE: TJX) said it intends to increase the regular quarterly dividend on its common stock to be declared in April 2018 and payable in June 2018 to $.39 per share, subject to the approval of the Companys Board of Directors. This increase would represent a 25% increase in the current per share dividend and mark the 22nd consecutive year that the Company has raised the dividend. Over this period of time, the Companys dividend has grown at a compound annual rate of 23%.

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