Target Hikes Dividend By 20%

• Target Corp (NYSE:TGT) has increased its quarterly dividend by 20% to $1.08 per share from the prior quarterly dividend of $0.90.
• The dividend is payable on September 10, 2022, to shareholders of record at the close of business on August 17, 2022.
• Target held $1.1 billion in cash and equivalents as of April 30, 2022.
• Price Action: TGT shares are trading higher by 0.43% at $157.37 on the last check Thursday.
• Photo Via Wikimedia Commons