Target is a dividend paying company with a current yield of 2.78% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
2.8%
Dividend yield
49%
Payout ratio
Industry average yield
2.9%
Next dividend pay date
10 Jun 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
Mex$8.94
Dividend yield forecast in 3Y
3.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGT *'s dividends per share have been stable in the past 10 years.
Growing Dividend: TGT *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Target Dividend Yield vs Market
How does TGT * dividend yield compare to the market?
Segment
Dividend Yield
Company (TGT *)
2.8%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.5%
Industry Average (Consumer Retailing)
2.9%
Analyst forecast in 3 Years (TGT *)
3.0%
Notable Dividend: TGT *'s dividend (2.78%) is higher than the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: TGT *'s dividend (2.78%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), TGT *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.4%), TGT *'s dividend payments are covered by cash flows.