Target Corp Earns Spot on ‘S.A.F.E. 25’ Dividend List

Solid Financial Performance Highlights Target’s Dividend Growth

Target Corp (Symbol: TGT) has recently been included in the Dividend Channel “S.A.F.E. 25” list. This recognition highlights TGT’s impressive DividendRank metrics, which include a strong 3.0% dividend yield and a remarkable history of over 20 years of consistent dividend growth, as detailed in the latest DividendRank report.

As noted in the ETF Finder from ETF Channel, Target Corp is part of the iShares S&P 1500 Index ETF (ITOT). Additionally, it constitutes 1.31% of the SPDR S&P Dividend ETF (SDY), which holds TGT shares valued at $278,254,309.

Target Corp earned its place on the “Dividend Channel S.A.F.E. 25” list for several reasons: S. Strong returns with a competitive yield and solid DividendRank features; A. Regularly increasing dividend amounts over time; F. A flawless record of never missing or reducing dividends; E. A longstanding presence with over two decades of dividend payments.

The annualized dividend from Target Corp stands at $4.48 per share, which is distributed quarterly. The most recent ex-dividend date was November 20, 2024. Below is a chart displaying the long-term dividend history for TGT, which the report emphasized is crucial information for investors.

TGT operates in the Department Stores sector, competing with other industry giants such as Walmart Inc (WMT) and Costco Wholesale Corp (COST).

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