Target Corporation Announces 7.1 Percent Dividend Increase
June 08 2016 - 8:00AM
Business Wire
The board of directors of Target Corporation (NYSE:TGT) has
declared a quarterly dividend of 60 cents per common share, a 7.1%
increase from the prior quarter dividend of 56 cents. The dividend
is payable Sept. 10, 2016 to shareholders of record at the close of
business August 17, 2016. The 3rd quarter dividend will be the
company’s 196th consecutive dividend paid since October 1967 when
the company became publicly held. With the increase announced
today, 2016 is expected to be the 45th consecutive year in which
Target has increased its annual dividend.
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests
at 1,793 stores and at Target.com. Since 1946, Target has given 5
percent of its profit to communities, which today equals more than
$4 million a week. For more information, visit
Target.com/Pressroom. For a behind-the-scenes look at Target, visit
Target.com/abullseyeview or follow @TargetNews on Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20160608005516/en/
Target CorporationJohn Hulbert, Investors, 612-761-6627orErin
Conroy, Financial Media, 612-761-5928orTarget Media Hotline,
612-696-3400
Target (NYSE:TGT)
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