The TJX Companies, Inc. (NYSE:TJX) is included among the 12 Best Retail Dividend Stocks to Buy Now.
The TJX Companies, Inc. (NYSE:TJX) runs more than 5,000 off-price stores across nine countries, with TJ Maxx as its leading banner and other major brands including Marshalls and HomeGoods. The company is recognized for offering discounted brand-name merchandise and creating a “treasure hunt” shopping atmosphere. Instead of keeping a full stock of the same products, TJX sources goods from over 21,000 vendors and emphasizes variety, which keeps its selection fresh and constantly changing.
The TJX Companies, Inc. (NYSE:TJX)’s business strength rests on five pillars: opportunistic purchasing, a flexible store format, global scale, the treasure-hunt shopping experience, and tight cost control. These elements allow TJX to adapt quickly to shifting consumer preferences, draw in value-focused shoppers, and grow its store base worldwide. Long-term success relies on securing merchandise at attractive prices, rotating assortments regularly, and delivering a shopping experience built around surprise and savings.
On September 17, The TJX Companies, Inc. (NYSE:TJX) declared a quarterly dividend of $0.425 per share, which was in line with its previous dividend. Overall, the company has been increasing its dividends for 28 consecutive years. As of September 22, the stock has a dividend yield of 1.22%.
While we acknowledge the potential of TJX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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