June 14, 2012
TJX Announces Common Stock Dividend
Framingham-based TJX Cos. Inc. has announced a quarterly dividend on its common stock of 12 cents per share. Shareholders as of Aug. 9 will receive the payout Aug. 30.
The company, whose stores include apparel and home fashions retailers T.J. Maxx, Marshalls and HomeGoods, raised its second quarter expectations after posting better-than-expected May sales of $1.9 billion.
As of May, TJX reported $7.7 billion in sales for the year, up 11 percent from last year's $6.9 billion.
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