Target Corporation Declares Regular Quarterly Dividend

Rhea-AI Summary

Target Corporation (NYSE:TGT) declared a quarterly dividend of $1.08 per common share, payable on March 10, 2023, to shareholders of record by February 15, 2023. This marks the company's 222nd consecutive dividend since going public in October 1967. Target has a long history of supporting communities, contributing 5% of its profit. The announcement underscores Target's commitment to delivering shareholder value and maintaining financial stability.

Positive

• Declared a quarterly dividend of $1.08 per share, reinforcing shareholder income.
• Achieved 222 consecutive dividend payments since October 1967, indicating financial stability and confidence.

Negative

• None.

MINNEAPOLIS, Jan. 12, 2023 /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 March 10, 2023 to shareholders of record at the close of business February 15, 2023.  The 1st quarter dividend will be the company's 222nd 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. 

 

 

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SOURCE Target Corporation

FAQ

When is the next dividend payment for Target Corporation (TGT)?

The next dividend payment for Target Corporation (TGT) is scheduled for March 10, 2023.

What is the amount of the quarterly dividend declared by Target Corporation?

Target Corporation has declared a quarterly dividend of $1.08 per common share.

What is the record date for Target Corporation's dividend payment?

The record date for Target Corporation's dividend payment is February 15, 2023.

How many consecutive dividends has Target Corporation paid?

Target Corporation has paid 222 consecutive dividends since going public in October 1967.

What percentage of profits does Target give to communities?

Target gives 5% of its profits to communities, which amounts to millions of dollars weekly.