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Benzinga
Benzinga
Business
Shivani Kumaresan

Target Hikes Dividend By 20%

Target (Organization) TGT NYSE Target Corp Wikimedia Commons
  • 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
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