Target Dividend
Dividend criteria checks 5/6
Target is a dividend paying company with a current yield of 2.64% 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
2.6%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 10 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$8.96 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Target's Aim Is Improving
Mar 29Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 07
Target Q4 Preview: Top-Line Focus As Earnings Strength Appears Priced In
Mar 04Returns On Capital At Target (NYSE:TGT) Have Stalled
Feb 27We Are Not Confident Buying Target Before The Next Quarterly Results
Feb 23Target: Is This A Good Dividend Stock To Buy Before Q4 Earnings?
Feb 12Is It Too Late To Consider Buying Target Corporation (NYSE:TGT)?
Feb 12Target Corporation's (NYSE:TGT) Shares May Have Run Too Fast Too Soon
Jan 31Target: Reviewing This Dividend King's Dividend Safety
Jan 14Target Corporation: Strong Cash Flow And Stronger Margins
Jan 03Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Add Target To Your Holiday Shopping List
Dec 17Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?
Dec 02Target: A Tempting But Risky Investment
Nov 26Target Q3 Earnings Preview: Are Shares Oversold Ahead Of Quarterly Results?
Nov 13Target (NYSE:TGT) Hasn't Managed To Accelerate Its Returns
Nov 06Target: Don't Just Window-Shop, Upgrading To Buy On Valuation
Oct 28Is There Now An Opportunity In Target Corporation (NYSE:TGT)?
Oct 23Target Corporation And Its Real Value
Oct 09Target: Financials Say Buy, But Too Much Drama For Now
Sep 27These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively
Sep 24Target: EPS Likely To Fall Further As New Economic Headwinds Grow
Sep 14Target: A Buy For The Kingly Dividend And Hold For The Turnaround
Aug 09Target: Optimistic Consumers Pulling Back, Retail Earnings On Tap, Shares A Hold
Jul 27Investors Could Be Concerned With Target's (NYSE:TGT) Returns On Capital
Jul 25Target (NYSE:TGT) Is Increasing Its Dividend To $1.10
Jul 13Target: Improved Upside And Yield After The Steep Sell-Off
Jun 26Target (NYSE:TGT) Is Paying Out A Larger Dividend Than Last Year
Jun 18Target: Turning Constructive (Rating Upgrade)
Jun 16Is Now The Time To Look At Buying Target Corporation (NYSE:TGT)?
Jun 09Target: Appears Fairly Valued Given Headwinds
Jun 07Upcoming 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TGT) | 2.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Consumer Retailing) | 1.4% |
| Analyst forecast in 3 Years (TGT) | 2.9% |
Notable Dividend: TGT's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: TGT's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (4.86%).
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 (53.2%), TGT's dividend payments are covered by cash flows.