What is the Target stock dividend?





Lots of people have inquired as to whether or not Target will continue to pay a stock dividend.  The stock has taken a beating in a relatively strong 2011 (down nearly 25% as of today).

Since August 2010, Target has been paying a $.25 quarterly dividend, or $1.00 annually.  At its current price that is around 2.5% annually.  Prior to its $.25 dividend, the company was paying $.17, so the jump was significant, in fact the highest increase the company has ever had.

It’s hard to say if this is sustainable.

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This entry was posted on Monday, June 13th, 2011 at 3:30 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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