Target Corporation Declares Regular Quarterly Dividend (2024)

FAQs

Is there a record of consistent growth in dividends paid each quarter for Target? ›

Target Corp has maintained a consistent dividend payment record since 1972. Dividends are currently distributed on a quarterly basis. Target Corp has increased its dividend each year since 1972.

Target Corporation ( TGT ) pays dividends on a quarterly basis. The next dividend payment is planned on June 10, 2024 . Target Corporation ( TGT ) has increased its dividends for 52 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.

Target's dividend payout ratio for the months ended in Jan. 2024 was 0.37. During the past 13 years, the highest Dividend Payout Ratio of Target was 0.66.

Target Corp (Symbol: TGT) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

A consistent dividend policy is important for several reasons. First, it signals to the market that the company has confidence in its future earnings and cash flow, and that it can afford to reward its shareholders without compromising its growth potential.

At the most basic level, you only need to own a stock by the ex-dividend date (or deadline) in order to get the dividend. And you can sell the stock a day or two after that, once everything settles. So in theory, you only need to own the stock for a couple of days to get the dividend.

The optimal dividend policy is simple: only distribute dividends when cash holdings exceed threshold , which depends on the state of the economy. This is done exactly as in the deterministic interest rate case. Namely, if the initial cash holdings exceed , then an initial dividend of x − x ( i ) is distributed.

They are usually a cash payment, often drawn from earnings, paid to the investors of a company—the shareholders. These are paid on an annual, or more commonly, a quarterly basis.

Target (NYSE:TGT) is a dividend king, and the company certainly isn't too richly valued. Granted, you might not like all of Target's financial stats, but there's nothing too objectionable.

Dividend Yield vs Market

Notable Dividend: TGT's dividend (3.07%) is higher than the bottom 25% of dividend payers in the US market (1.51%). High Dividend: TGT's dividend (3.07%) is low compared to the top 25% of dividend payers in the US market (4.64%).

What is the dividend growth rate of Target? ›

During the past 12 months, Target's average Dividends Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year.

Dividend payment history: AAPL has a long history of paying dividends and has consistently increased its dividend payout for 13 consecutive years.

Dividend growth formula

DGR = [(Recent dividend (D2) - Previous dividend (D1)) x 100] / Previous dividend. Compounded method formula: Where Dp is the company's dividend value for a specific period (p), Dq is the company's dividend value for the initial period (q), and n is the time difference between p and q.

An average dividend growth rate is 8% to 10%. However, this can vary greatly among different stocks and industries.