Target Announces $1.16 Quarterly Dividend
Target (TGT) has declared a quarterly dividend of $1.16 per share, consistent with its previous payout. The forward yield is currently estimated at 2.92%. Shareholders will receive the payment on December 1 for those registered as of November 11, and the stock will go ex-dividend on the same date. This marks two consecutive quarters where Target has maintained a $1.16 dividend per share, signaling stability in its payout policy despite broader market volatility. The decision reflects confidence from management regarding financial performance and cash flow generation.
Tickers: $TGT
Topics: dividends financial updates Target (TGT)