Target Corporation Increases Quarterly Dividend by 1.8 Percent
The board of directors of Target Corporation has declared a quarterly dividend of $1.16 per common share, reflecting a 1.8% increase from the previous quarterly dividend of $1.14. The dividend will be payable on September 1, 2026, to shareholders of record at the close of business on August 12, 2026. This marks the company's 236th consecutive dividend payment since it became publicly held in October 1967. The announced increase positions Target to achieve its 55th consecutive year of raising its annual dividend.
Target Corporation operates more than 2,000 stores across the United States and offers a blend of style, design, and value. The company employs over 400,000 team members and serves millions of families each week. Target is also committed to investing in the communities where its employees live and work, aiming to promote growth and opportunity for all.