TGT (Target) Dividend Yield % (2024)

What is Target Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Target is 3.03%.

The historical rank and industry rank for Target's Dividend Yield % or its related term are showing as below:

TGT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.03 Med: 2.65 Max: 4.65
Current: 3.03

During the past 13 years, the highest Dividend Yield of Target was 4.65%. The lowest was 1.03%. And the median was 2.65%.

TGT's Dividend Yield % is ranked better than
61.27% of 204 companies
in the Retail - Defensive industry
Industry Median: 2.53 vs TGT: 3.03

Target's Dividend Payout Ratio for the three months ended in Apr. 2024 was 0.54.

During the past 13 years, the highest Dividend Payout Ratio of Target was 0.66. The lowest was 0.23. And the median was 0.46.

As of today (2024-05-26), the Forward Dividend Yield % of Target is 3.03%.

Target's Dividends per Share for the three months ended in Apr. 2024 was $1.10.

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.During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Target was 26.00% per year. The lowest was 3.20% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Target Dividend Yield % Historical Data

The historical data trend for Target's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Target Dividend Yield % Chart

Target Annual Data
TrendJan15Jan16Jan17Jan18Jan19Jan20Jan21Jan22Jan23Jan24
Dividend Yield %
Get a 7-Day Free Trial2.35 1.48 1.43 2.30 3.13
Target Quarterly Data
Jul19Oct19Jan20Apr20Jul20Oct20Jan21Apr21Jul21Oct21Jan22Apr22Jul22Oct22Jan23Apr23Jul23Oct23Jan24Apr24
Dividend Yield %Get a 7-Day Free Trial2.62 3.17 3.92 3.13 2.72

Competitive Comparison of Target's Dividend Yield %

For the Discount Stores subindustry, Target's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Target's Dividend Yield % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Target's Dividend Yield % falls into.


Target Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Target Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.1000002024-05-142024-05-152024-06-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.1000002024-02-202024-02-212024-03-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.1000002023-11-142023-11-152023-12-10Cash DividendquarterlyUSD:USD 1.000000
USD 1.1000002023-08-152023-08-162023-09-10Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Target's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.4/145.23
=3.03 %

Current Share Price is $145.23.
Target's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.4.

Target's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.4/145.23
=3.03 %

Current Share Price is $145.23.
Target's Dividends per Share for the forward twelve months is calculated as $1.1 * 4 = $4.4.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Target(NYSE:TGT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Target Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Target's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Target (Target) Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Consumer Defensive » Retail - Defensive » Target Corp (NYSE:TGT) » Definitions » Dividend Yield %

Comparable Companies

DG DLTR BJ OLLI TBBB PSMT BIG COST WMT WALMEX BOM:540376 TSX:DOL TSE:7532 MIC:MGNT LSE:BME TSE:2651 WAR:PCO TSE:141A TSE:2782 XKRX:139480

Traded in Other Exchanges

TGT:Peru TGT:Mexico 1TGT:Italy DYH:Germany DYH:Germany DYH:Germany DYH:Germany TGT:Chile TGTB34:Brazil TGTC:Austria TGT:Argentina

Address

1000 Nicollet Mall, Minneapolis, MN, USA, 55403

Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Executives

Matthew L Zabelofficer: Executive Officer1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Henningtonofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liuofficer: Executive Officer1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Brian C Cornelldirector, officer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew A Liegelofficer: Chief Accounting Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
John J Mulliganofficer: Executive Officer1000 NICOLLET MALL, TPS-2672, MINNEAPOLIS MN 55403
Grace Puma WhiteforddirectorC/O WILLIAM SONOMA, INC., 3250 VAN NESS AVENUE, SAN FRANCISCO CA 94109
Cara A Sylvesterofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Jill Sandoofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremerofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Michael J Fiddelkeofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Katie M Boylanofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Robert M Harrisonofficer: Chief Accounting Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Richard H. Gomezofficer: Executive Officer1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail BoudreauxdirectorGENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142

Target (Target) Headlines

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TGT (Target)  Dividend Yield % (2024)

FAQs

Is TGT a good dividend stock? ›

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 payout ratio for TGT? ›

Dividend Data

Target Corporation's ( TGT ) dividend yield is 2.68%, which means that for every $100 invested in the company's stock, investors would receive $2.68 in dividends per year. Target Corporation's payout ratio is 48.6% which means that 48.6% of the company's earnings are paid out as dividends.

What is the average dividend yield of Target? ›

As of today (2024-05-17), the Trailing Annual Dividend Yield of Target is 2.76%. Warning Sign: Target Corp stock dividend yield is close to 1-year low. During the past 13 years, the highest Dividend Yield of Target was 4.65%.

Is TGT a buy? ›

Target has 22.18% upside potential, based on the analysts' average price target. Is TGT a Buy, Sell or Hold? Target has a consensus rating of Moderate Buy which is based on 20 buy ratings, 9 hold ratings and 0 sell ratings. The average price target for Target is $183.11.

Is TGT a dividend king? ›

“Dividend King” is a title reserved for those stocks that have not only paid but consistently increased dividends for at least half a century, like retail giant Target Corporation (TGT). This prestigious title underscores Target's commitment to efficiently maximizing shareholder return via dividends.

What are the top 5 dividend stocks to buy? ›

15 Best Dividend Stocks to Buy for 2024
StockDividend yield
United Micro Electronics (UMC)6.7%
Ecopetrol SA (EC)13.6%
Molson Coors Beverage Co. (TAP)3.2%
Pfizer Inc. (PFE)5.7%
11 more rows
May 23, 2024

What is a good dividend yield payout ratio? ›

So, what counts as a “good” dividend payout ratio? Generally speaking, a dividend payout ratio of 30-50% is considered healthy, while anything over 50% could be unsustainable.

What is the ideal ratio for dividend per share? ›

Healthy. A range of 35% to 55% is considered healthy and appropriate from a dividend investor's point of view. A company that is likely to distribute roughly half of its earnings as dividends means that the company is well established and a leader in its industry.

What is 1 dividend payout ratio? ›

What Is a Dividend Payout Ratio? The dividend payout ratio is the total amount of dividends that a company pays to shareholders relative to its net income. Put simply, this ratio is the percentage of earnings paid to shareholders via dividends.

What is a realistic dividend yield? ›

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

What does 7% dividend yield mean? ›

What Does the Dividend Yield Tell You? The dividend yield is a financial ratio that tells you the percentage of a company's share price that it pays out in dividends each year. For example, if a company has a $20 share price and pays a dividend of $1 per year, its dividend yield would be 5%.

What is best dividend yield? ›

Frequently Asked Questions
Fund NameFund Category5 Year Return (Annualized)
Aditya Birla Sun Life Dividend Yield FundEquity22.16 % p.a.
SBI Dividend Yield FundEquityNA
Templeton India Equity Income FundEquity24.02 % p.a.
Sundaram Dividend Yield FundEquity19.92 % p.a.
1 more row

What is the future of TGT stock? ›

TGT Price Targets Summary Target Corp Wall Street analysts forecast TGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TGT is 188.31 USD with a low forecast of 141.4 USD and a high forecast of 231 USD.

What is the fair value of TGT stock? ›

As of 2024-05-28, the Fair Value of Target Corp (TGT) is 165.89 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 145.23 USD, the upside of Target Corp is 14.2%.

How often does TGT pay dividends? ›

Quarterly

Does Target pay a good dividend? ›

TGT pays a dividend of $4.38 per share. TGT's annual dividend yield is 2.77%. Target's dividend is higher than the US industry average of 2.1%, and it is lower than the US market average of 4.1%.

Is Wendys a good dividend stock? ›

Dividend Data

The Wendy's Company's ( WEN ) dividend yield is 5.15%, which means that for every $100 invested in the company's stock, investors would receive $5.15 in dividends per year. The Wendy's Company's payout ratio is 100.44% which means that 100.44% of the company's earnings are paid out as dividends.

Is Targets dividend safe? ›

Target a Top Ranked SAFE Dividend Stock With 2.7% Yield (TGT) | Nasdaq.

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