TJX Companies Stock To Go Ex-dividend Tomorrow (TJX)

NEW YORK ( TheStreet) -- The ex-dividend date for TJX Companies (NYSE: TJX) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $41.76 as of 9:35 a.m. ET, the dividend yield is 1.1%.

The average volume for TJX Companies has been 4.4 million shares per day over the past 30 days. TJX Companies has a market cap of $31.48 billion and is part of the services sector and retail industry. Shares are up 29.3% year to date as of the close of trading on Friday.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company has a P/E ratio of 22, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full TJX Companies Ratings Report.

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