Target Corporation Increases Quarterly Dividend by 1.8 Percent

Rhea-AI Summary

Target Corporation (NYSE: TGT) announced a 1.8% increase in its quarterly dividend, raising it from $1.12 to $1.14 per common share. The dividend will be paid on September 1, 2025, to shareholders of record as of August 13, 2025. This marks Target's 232nd consecutive dividend payment since going public in October 1967, and 2025 is set to become the company's 54th consecutive year of annual dividend increases, demonstrating a strong commitment to delivering consistent shareholder returns.

Positive

• 54 consecutive years of dividend increases demonstrates strong financial stability and commitment to shareholder returns
• 232 consecutive quarterly dividend payments since 1967 shows reliable income generation
• 1.8% increase in quarterly dividend from $1.12 to $1.14 provides additional income for shareholders

Negative

• 1.8% dividend increase is relatively modest and below current inflation rates

MINNEAPOLIS, June 12, 2025 /PRNewswire/ -- The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of $1.14 per common share, a 1.8% increase from the prior quarterly dividend of $1.12.  The dividend is payable Sept. 1, 2025 to shareholders of record at the close of business August 13, 2025.  The 3rd quarter dividend will be the company's 232nd consecutive dividend paid since October 1967 when the company became publicly held.  With the increase announced today, 2025 is on track to be the 54th 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, 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.

 

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SOURCE Target Corporation

FAQ

What is Target's (TGT) new quarterly dividend amount for 2025?

Target's new quarterly dividend is $1.14 per common share, increased from $1.12, representing a 1.8% increase.

When will Target (TGT) pay its Q3 2025 dividend?

Target will pay its Q3 2025 dividend on September 1, 2025, to shareholders of record as of August 13, 2025.

How long has Target (TGT) been paying dividends?

Target has paid consecutive quarterly dividends since October 1967, marking 232 consecutive dividend payments.

How many years has Target (TGT) increased its annual dividend?

2025 will mark Target's 54th consecutive year of annual dividend increases.

What is Target's (TGT) dividend record date for Q3 2025?

The dividend record date is August 13, 2025.