Target increases dividend for 47th consecutive year

Dividend Aristocrat will raise its quarterly dividend by 20,9% from $0,43 to $0,52.

It's the 47th consecutive year of dividend increases for the discount retailer.

Target will increase the quarterly dividend by almost 21% from 0,43 to $0,52.

The dividend yield will be 3,6% after the latest dividend increase, based on the current stock price of $57,30.

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