TJX Companies Tells Investors There's Plenty of Room for More Growth
The TJX Companies (NYSE: TJX) is just one year away from a major business milestone. The off-price retailer recently boosted its dividend following a surprisingly strong finish to the fiscal 2019 year. That increase marked its 24th consecutive annual payout hike, just one shy of qualification for membership in the exclusive club of Dividend Aristocrats.
In a conference call with investors following the company's fourth-quarter earnings report, CEO Ernie Herrman and his team discussed their wider cash distribution plans while explaining why they're optimistic about the company's long-term growth outlook. Let's look at some highlights from that call.
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