Target, a Dividend King, Just Paid Investors: Here's How Much They Got
Briefly

"Target Corp. (NYSE: TGT) is rewarding its shareholders once again with a quarterly dividend of $1.12, payable on Tuesday, Dec. 10. That is the same as in the prior period. A recent disappointing earnings report dragged the share price down to a 52-week low. However, the dividend payment underscores the management's commitment to delivering consistent value to investors."
"Investors favor dividend stocks for two main reasons. The first is that they offer enticing total return potential. Total return is a comprehensive measure of investment performance that includes interest, capital gains, dividends, and distributions realized over time."
"Target has a reputation for having stable and dependable dividend growth. It has increased its dividend annually for 53 years. That is well more than the 25 straight years of growth it takes for an S&P 500 member to become a Dividend Aristocrat."
"Since 2004, Target's dividend has grown about 60%. The current dividend yield is 2.9%, which is more than the average yield of dividend stocks."
Read at 24/7 Wall St.
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