Target Corporation Declares Regular Quarterly Dividend

Rhea-AI Summary

The board of directors of Target Corporation (NYSE:TGT) has announced a quarterly dividend of 68 cents per common share, set to be payable on June 10, 2021. Shareholders of record as of May 19, 2021 will be eligible for this dividend. This marks the 215th consecutive dividend paid by Target since it became publicly held in October 1967. This commitment showcases Target's continued earnings strength and focus on returning value to shareholders.

Positive

• Declared quarterly dividend of 68 cents per share.
• 215th consecutive dividend highlights strong financial performance.
• Confirms ongoing commitment to shareholder returns.

Negative

• None.

MINNEAPOLIS, March 11, 2021 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 68 cents per common share.  The dividend is payable June 10, 2021 to shareholders of record at the close of business May 19, 2021.  The 2nd quarter dividend will be the company's 215th consecutive dividend paid since October 1967 when the company became publicly held.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 1,900 stores and at Target.com. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. For the latest store count or for more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.

 

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SOURCE Target Corporation

FAQ

What is the dividend amount declared by Target Corporation?

Target Corporation has declared a quarterly dividend of 68 cents per common share.

When will the dividend be paid to shareholders of Target Corporation?

The dividend will be payable on June 10, 2021.

What date do I need to own Target shares to receive the dividend?

Shareholders must be on record by May 19, 2021, to receive the dividend.

How many consecutive dividends has Target Corporation paid?

Target Corporation has paid 215 consecutive dividends since October 1967.