Target Corporation Declares Regular Quarterly Dividend

Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.08 per common share, payable on December 10, 2022, to shareholders recorded as of November 16, 2022.

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Rhea-AI Summary

Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.08 per common share, payable on December 10, 2022, to shareholders recorded as of November 16, 2022. This marks the 221st consecutive dividend since the company became publicly held in October 1967. Target continues to maintain a strong commitment to its shareholders, reflecting its stability and consistent performance in the market.

Positive

Quarterly dividend of $1.08 per share demonstrates strong financial health.
Maintained 221 consecutive dividend payments since October 1967, indicating stability.

Negative

None.

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News Market Reaction – TGT

The recorded move for TGT in the trading session of this news was -3.82%.

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09/22/2022 - 06:30 AM EDT

MINNEAPOLIS, Sept. 22, 2022 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.08 per common share. The dividend is payable December 10, 2022 to shareholders of record at the close of business November 16, 2022. The 4th quarter dividend will be the company's 221st consecutive dividend paid since October 1967 when the company became publicly held.

About Target

Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center and by following @TargetNews.

View original content to download multimedia:https://www.prnewswire.com/news-releases/target-corporation-declares-regular-quarterly-dividend-301630152.html

SOURCE Target Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Target Corporation for Q4 2022?

The declared dividend amount is $1.08 per common share.

When will the dividend payment be made by Target Corporation?

The dividend payment will be made on December 10, 2022.

What is the record date for Target's dividend?

The record date for Target's dividend is November 16, 2022.

How many consecutive dividends has Target paid?

Target has paid 221 consecutive dividends since October 1967.

Target Corporation Declares Regular Quarterly Dividend