Target Corporation (NYSE:TGT) Declares $1.16 Quarterly Dividend

Posted by on Sep 23rd, 2026

Target Corporation (NYSE:TGT – Get Free Report) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Wednesday, November 11th will be given a dividend of 1.16 per share by the retailer on Tuesday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, November 10th.

Target has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 54 consecutive years. Target has a dividend payout ratio of 56.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Target to earn $9.38 per share next year, which means the company should continue to be able to cover its $4.64 annual dividend with an expected future payout ratio of 49.5%.

Target Price Performance

TGT traded down $2.85 on Wednesday, hitting $156.17. 2,897,642 shares of the company’s stock were exchanged, compared to its average volume of 5,246,120. Target has a fifty-two week low of $83.44 and a fifty-two week high of $170.75. The stock has a market cap of $70.95 billion, a price-to-earnings ratio of 16.22, a P/E/G ratio of 2.94 and a beta of 0.99. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $153.26 and a 200-day moving average price of $135.25.

Target (NYSE:TGT – Get Free Report) last released its earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $1.76. The business had revenue of $26.54 billion for the quarter, compared to analyst estimates of $26.13 billion. Target had a net margin of 4.08% and a return on equity of 23.23%. The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the company posted $2.05 EPS. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, equities analysts anticipate that Target will post 8.85 earnings per share for the current year.

About Target

(Get Free Report)

Target Corporation is a general merchandise retailer that operates stores and digital shopping channels across the United States. Its assortment includes apparel and accessories, beauty products, home furnishings and décor, electronics, toys, sporting goods, household essentials, groceries and other everyday merchandise.

Target offers a combination of in-store and digital services, including order pickup, Drive Up and same-day delivery through Shipt. The company also develops and sells a broad portfolio of owned brands, while offering national-brand products and merchandise through a range of seasonal and specialty categories.

The company traces its history to the Dayton Company, founded in Minneapolis in 1902.

Featured Articles

Dividend History for Target (NYSE:TGT)

Receive News & Ratings for Target Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target and related companies with MarketBeat.com's FREE daily email newsletter.