Target hikes dividend by 1.8%

On June 12, 2025, Target Corp (TGT) announced that it will hike its quarterly dividend by 1.8% to $1.14 per share. This marks the 54th consecutive year of increases.

The Dividend Aristocrat retailer now yields 4.4% at a stock price of $99.29. Target's dividend growth has been disappointing in the last couple years with hikes less than 2% in each of the last three years now.  

Target stock is down 25% year-to-date in New York marking the 4th consecutive year of losses.

Target Corp. is a well-known retail company based in the United States. It operates a chain of retail stores offering a wide range of products to consumers. Target is known for its large-format stores that provide a one-stop shopping experience for customers. The company's owned brands include Archer Farms, Market Pantry, Sutton & Dodge, Art Class, Merona, Threshold, Ava & Viv, Pillowfort, Room Essentials, Wine Cube, Cat & Jack, Simply Balanced and Wondershop. Its exclusive brands include C9 by Champion, Hand Made Modern, Mossimo, DENIZEN from Levi's, Nate Berkus for Target, Fieldcrest, Kid Made Modern, Genuine Kids from OshKosh and Liz Lange for Target.