Target Corporation Declares Regular Quarterly Dividend

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.

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 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. 

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SOURCE Target Corporation

FAQ

What is the amount of Target's quarterly dividend for 2022?

Target's quarterly dividend for 2022 is 90 cents per share.

When is Target's dividend payable in 2022?

The dividend is payable on March 10, 2022.

What is the record date for Target's dividend in 2022?

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

How many consecutive dividends has Target paid?

Target has paid 218 consecutive dividends since October 1967.