Target Corporation Declares Regular Quarterly Dividend
The board of directors of Target Corporation (NYSE:TGT) announced a quarterly dividend of 90 cents per share, payable on December 10, 2021, to shareholders on record by November 17, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The board of directors of Target Corporation (NYSE:TGT) announced a quarterly dividend of 90 cents per share, payable on December 10, 2021, to shareholders on record by November 17, 2021. This marks the company's 217th consecutive dividend since it became publicly held in October 1967. Target operates over 1,900 stores and has a commitment to contributing 5% of its profit to communities.
Positive
- Dividend of 90 cents per share demonstrates consistent shareholder returns.
- 217 consecutive dividends highlight financial stability and strong cash flow.
Negative
- None.
Details
News Market Reaction – TGT
The recorded move for TGT in the trading session of this news was +0.37%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MINNEAPOLIS, Sept. 23, 2021 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 90 cents per common share. The dividend is payable December 10, 2021 to shareholders of record at the close of business November 17, 2021. The 4th quarter dividend will be the company's 217th consecutive dividend paid since October 1967 when the company became publicly held.
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at more than 1,900 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given
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SOURCE Target Corporation
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