Target Corporation Declares Regular Quarterly Dividend
Target Corporation (NYSE:TGT) has announced a quarterly dividend of 90 cents per share, payable on March 10, 2022, to shareholders recorded by the close of business on February 16, 2022.
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
Target Corporation (NYSE:TGT) has announced a quarterly dividend of 90 cents per share, payable on March 10, 2022, to shareholders recorded by the close of business on February 16, 2022. This marks the company's 218th consecutive dividend since it became publicly held in October 1967. Target continues its commitment to returning value to shareholders amid its long-standing practice of supporting communities with 5% of profits.
Positive
- Quarterly dividend of 90 cents per share demonstrates strong cash flow.
- 218th consecutive dividend reinforces the company's commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – TGT
The recorded move for TGT in the trading session of this news was +0.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MINNEAPOLIS, Jan. 13, 2022 /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 March 10, 2022 to shareholders of record at the close of business February 16, 2022. The 1st quarter dividend will be the company's 218th 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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