Target Corporation Declares Quarterly Dividend of $1.16 Per Share
What happened
Target Corporation has declared a regular quarterly dividend of $1.16 per share, which is currently annualized at $4.64 per share. The payment is scheduled for December 1, with the record date set at November 11. This declaration marks the 237th consecutive quarterly dividend since the company became publicly held in 1967.
From insidermonkey.com
Why it matters
The dividend payment is seen as a meaningful yield for the large retailer. Financial reports indicate that in the first six months of 2026, Target generated $4.52 billion in operating cash flow. After spending $2.40 billion on capital expenditures and paying $1.03 billion in dividends, the company had approximately $2.12 billion in free cash flow.
From insidermonkey.com
Who's involved
- Target CorporationAmerican retailer and supermarket chain that declared the dividend.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AmazonSpeculative
Target Corporation could face reciprocal competitive pressure from Amazon across e-commerce and pricing.
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The entities involved
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Target Corporation
American retailer and supermarket chain
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Jim Cramer
American stockbroker, television personality, author
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