TJX board increases stock dividend

FRAMINGHAM, MASS. — The board of directors of off-price retailer TJX Companies, Inc. has increased the company’s quarterly dividend on its common stock to 4.5 cents per share, or 18 cents annually, from the previous quarterly rate of 4 cents per share, or 16 cents annually.

The board has declared a regular quarterly dividend at the new 4.5 cent rate, payable May 31 to shareholders of record as of May 10.

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