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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Target Corp | NYSE:TGT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.03 | 1.28% | 160.38 | 162.36 | 159.84 | 161.25 | 3,492,080 | 01:00:00 |
From May 2022 to May 2024
By Colin Kellaher
Target Corp. on Thursday said its board raised the quarterly dividend by 20%, to $1.08 from 90 cents, just days after the retailer warned that high inventories would weigh on its profits.
The new payout, equal to $4.32 a year, represents an annual yield of about 2.76% based on Wednesday's closing price of $156.70, up from 2.3%.
The Minneapolis company said the increased dividend is payable Sept. 10 to shareholders of record Aug. 17.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 09, 2022 06:55 ET (10:55 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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