Target: raises Q3 dividend 1.8%

(CercleFinance.com) - Target announced on Wednesday that it would be raising its quarterly dividend from $1.
10 to $1.12 per common share, up 1.8%.

The US retailer specifies that this sum will be paid on 10 September to shareholders of record on 21 August.

The Minneapolis-based group points out that its Q3 dividend will be the 228th consecutive coupon paid since its IPO in October 1967.

At the same time, FY 2024 will mark the 53rd consecutive year of increases in its annual dividend.


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