Target hikes dividend by 1.8%
Target Corporation (TGT) announced a quarterly dividend increase on June 11, 2026, raising the payout by 1.8% to $1.16 per share.
Target Corporation operates one of the largest retail chains in the United States, offering a broad assortment of merchandise including apparel, household essentials, food, and consumer goods through stores and digital channels. More information is available on the website of Target Corporation. Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.
The increase extends Target’s dividend growth streak to 55 consecutive years, maintaining its place among the Dividend Aristocrats. The retailer also raised its dividend by 1.8% in the prior year. Based on a share price of $132, the dividend translates into a yield of approximately 3.5%. The ex-dividend date is August 12, 2026, with payment scheduled for September 1, 2026.
Target Corporation operates one of the largest retail chains in the United States, offering a broad assortment of merchandise including apparel, household essentials, food, and consumer goods through stores and digital channels. More information is available on the website of Target Corporation. Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.