Target Dividends and Buybacks
Dividend criteria checks 4/6
Target is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
3.7%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | -2.3% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$4.480 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGT) | 3.7% |
| Market Bottom 25% (PE) | 3.8% |
| Market Top 25% (PE) | 12.5% |
| Industry Average (Consumer Retailing) | 3.2% |
| Analyst forecast (TGT) (up to 3 years) | 4.0% |
Notable Dividend: TGT's dividend (3.68%) isn’t notable compared to the bottom 25% of dividend payers in the PE market (3.85%).
High Dividend: TGT's dividend (3.68%) is low compared to the top 25% of dividend payers in the PE market (12.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), TGT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), TGT's dividend payments are well covered by cash flows.