Target Boosts Quarterly Dividend to 90 Cents a Share

 

By Matt Grossman, Dow Jones Newswires

via WSJ/MarketWatch - Jun 9, 2021

 

Target Corp. is boosting its quarterly dividend to 90 cents a share, a 32% increase from its previous dividend of 68 cents a share, the Minneapolis-based retailer said Wednesday.

 

The third-quarter dividend will be payable on Sept. 10 to shareholders of record on Aug. 18.

 

Chief Financial Officer Michael Fiddelke said the increased dividend reflects a commitment to disciplined capital deployment.

 

source url

https://www.marketwatch.com/story/target-boosts-quarterly-dividend-to-90-cents-a-share-271623235987