Key Points Target has raised its dividend for 55 straight years. Comparable sales rose 3.8% in the recent quarter, indicating an improving sales trend. The stock yields about 2.9%, with a payout ratio of 47%. 10 stocks we like better than Target › After a couple of soft years for sales, Target (NYSE: TGT) is finally turning the corner. The stock is up about 61% year-to-date, and investors who follow its dividend track record shouldn't be surprised. Target has raised its dividend for 55 straight years, exceeding the minimum 50-year threshold to qualify as a Dividend King . That kind of consistency points to a durable business that has weathered multiple recessions while continuing to return cash to shareholders. Missed AI’s "Act 1"?
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.