Target Corporation Increases Quarterly Dividend by 20 Percent
June 09 2022 - 06:30AM
PR Newswire (US)
MINNEAPOLIS, June 9, 2022
/PRNewswire/ -- The board of directors of Target Corporation (NYSE:
TGT) has declared a quarterly dividend of $1.08 per common share, a 20% increase from the
prior quarterly dividend of 90 cents.
The dividend is payable Sept. 10,
2022 to shareholders of record at the close of business
August 17, 2022. The 3rd quarter
dividend will be the company's 220th consecutive dividend paid
since October 1967 when the company
became publicly held. With the increase announced today, 2022 is on
track to be the 51st consecutive year in which Target has increased
its annual dividend.
About Target
Minneapolis-based Target Corporation (NYSE:
TGT) serves guests at nearly 2,000 stores and at Target.com.
Since 1946, Target has given 5% of its profit to communities, which
today equals millions of dollars a week. For the latest store
count or 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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SOURCE Target Corporation
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