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.


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