Target Corporation Increases Quarterly Dividend by 1.8 Percent

Rhea-AI Summary

Target (NYSE:TGT) declared a quarterly dividend of $1.16 per share, up 1.8% from $1.14. The dividend is payable September 1, 2026 to shareholders of record on August 12, 2026.

This will be Target’s 236th consecutive dividend and keeps 2026 on track as the 55th straight year of annual dividend increases.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• Quarterly dividend increased 1.8% to $1.16 per share
• 236th consecutive dividend paid since 1967
• On track for 55th consecutive year of annual dividend increases in 2026

Negative

• None.

News Market Reaction – TGT

+3.64%

+3.64% News Effect

On the day this news was published, TGT gained 3.64%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MINNEAPOLIS, June 11, 2026 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.16 per common share, a 1.8% increase from the prior quarterly dividend of $1.14.  The dividend is payable September 1, 2026 to shareholders of record at the close of business August 12, 2026.  The 3rd quarter dividend will be the company's 236th consecutive dividend paid since October 1967 when the company became publicly held.  With the increase announced today, 2026 is on track to be the 55th consecutive year in which Target has increased its annual dividend.

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

 

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SOURCE Target Corporation

FAQ

What dividend did Target (TGT) announce on June 11, 2026?

Target declared a quarterly dividend of $1.16 per common share for TGT investors. According to Target, this is a 1.8% increase from the prior $1.14 dividend and will be paid on September 1, 2026 to eligible shareholders.

When is the record date and payment date for Target’s $1.16 TGT dividend in 2026?

The $1.16 quarterly dividend will be paid on September 1, 2026. According to Target, shareholders of record at the close of business on August 12, 2026 will be eligible to receive this dividend payment.

How much did Target increase its quarterly dividend for TGT shareholders in 2026?

Target increased its quarterly dividend by 1.8%, from $1.14 to $1.16 per share. According to Target, this higher dividend applies to the third quarter 2026 payment scheduled for September 1 to shareholders of record on August 12, 2026.

How long has Target (TGT) paid consecutive dividends to shareholders?

Target’s third quarter 2026 dividend will mark its 236th consecutive dividend payment. According to Target, the company has paid dividends continuously since October 1967, when it became publicly held, highlighting a long history of returning cash to shareholders.

Is Target on track to extend its annual dividend increase streak in 2026 for TGT stock?

Yes, Target indicates 2026 is on track to be its 55th straight year of annual dividend increases. According to Target, the newly announced $1.16 quarterly dividend supports this record of consistently raising its dividend over more than five decades.