Target (TGT) raises dividend by 1.8%, its 53rd consecutive annual increase

The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of $1.12 per common share, a 1.8% increase from the prior quarterly dividend of $1.10.  The dividend is payable Sept. 10, 2024 to shareholders of record at the close of business August 21, 2024.  The 3rd quarter dividend will be the company’s 228th consecutive dividend paid since October 1967 when the company became publicly held.  With the increase announced today, 2024 is on track to be the 53rd consecutive year in which Target has increased its annual dividend.