Target's last quarterly dividend payment of $1.08 per share was made to shareholders on record before Sep 15, 2022. At an annualized rate of $3.96 per share, the stock yields 2.61%.
Target's dividend yield of 2.61% is above the Consumer Defensive sector, the industry and its peers average. Compared to its Consumer Defensive sector average of 2.35%, Target's dividend yield is 11% higher. The historical 5-year average of TGT's dividend yield is 2.4%, which is below the current yield.
Target has been paying dividends for the last 28 years. According to our records TGT has issued five quarterly dividends in the last twelve months. The annualized DPS marks an increase of 35% since one year ago. And with the stock price down by 36% from a year ago, the dividend yield marks an increase of 109%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Dec 10, 2022 | $1.08 | normal | |
| Aug 16, 2022 | Sep 10, 2022 | Jun 9, 2022 | $1.08 | normal |
| May 17, 2022 | Jun 10, 2022 | Mar 10, 2022 | $0.9 | normal |
| Feb 15, 2022 | Mar 10, 2022 | Jan 13, 2022 | $0.9 | normal |
| Nov 16, 2021 | Dec 10, 2021 | Sep 23, 2021 | $0.9 | normal |
| Aug 17, 2021 | Sep 10, 2021 | Jun 9, 2021 | $0.9 | normal |
| May 18, 2021 | Jun 10, 2021 | $0.68 | normal | |
| Feb 16, 2021 | Mar 10, 2021 | Jan 14, 2021 | $0.68 | normal |
| Nov 17, 2020 | Dec 10, 2020 | Sep 24, 2020 | $0.68 | normal |
| Aug 18, 2020 | Sep 10, 2020 | Jun 11, 2020 | $0.68 | normal |
| May 19, 2020 | Jun 10, 2020 | Mar 12, 2020 | $0.66 | normal |
| Feb 18, 2020 | Mar 10, 2020 | Jan 8, 2020 | $0.66 | normal |
| Nov 19, 2019 | Dec 10, 2019 | Sep 19, 2019 | $0.66 | normal |
| Aug 20, 2019 | Sep 10, 2019 | Jun 13, 2019 | $0.66 | normal |
| May 14, 2019 | Jun 10, 2019 | Mar 14, 2019 | $0.64 | normal |
| Feb 19, 2019 | Mar 10, 2019 | Jan 9, 2019 | $0.64 | normal |
| Nov 20, 2018 | Dec 10, 2018 | Sep 19, 2018 | $0.64 | normal |
| Aug 14, 2018 | Sep 10, 2018 | Jun 12, 2018 | $0.64 | normal |
| May 15, 2018 | Jun 10, 2018 | Mar 15, 2018 | $0.62 | normal |
| Feb 20, 2018 | Mar 10, 2018 | Jan 11, 2018 | $0.62 | normal |
| Nov 14, 2017 | Dec 10, 2017 | Sep 21, 2017 | $0.62 | normal |
| Aug 14, 2017 | Sep 10, 2017 | Jun 14, 2017 | $0.62 | normal |
| May 15, 2017 | Jun 10, 2017 | $0.6 | normal | |
| Feb 13, 2017 | Mar 10, 2017 | $0.6 | normal | |
| Nov 14, 2016 | Dec 10, 2016 | Sep 21, 2016 | $0.6 | normal |
| Aug 15, 2016 | Sep 10, 2016 | Jun 8, 2016 | $0.6 | normal |
| May 16, 2016 | Jun 10, 2016 | Mar 10, 2016 | $0.56 | normal |
| Feb 12, 2016 | Mar 10, 2016 | $0.56 | normal | |
| Nov 16, 2015 | Dec 10, 2015 | $0.56 | normal | |
| Aug 17, 2015 | Sep 10, 2015 | Jun 10, 2015 | $0.56 | normal |
Target's payout ratio of 44.5% is above the industry and its peers average but below the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 49%, Target's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TGT Target Corp | 2.61% | $3.96 | 44.5% |
| WMT Walmart Inc | 1.69% | $2.23 | 44.3% |
| DG Dollar General Corp | 0.81% | $1.94 | 19.2% |
| COST Costco Wholesale Corp | 0.71% | $3.38 | 26.5% |
Yes, Target has been paying dividends for the last 28 years.
TGT has announced its next dividend with ex-date Nov 15, 2022.
Target's last regular dividend was on Sep 15, 2022 (ex-date) with the amount of $1.08 per share.
TGT's annualized dividend per share is $3.96.
Target's current dividend yield is 2.61%.
Target has a quarterly dividend frequency.
The dividend payout ratio of Target is 44.5%.
Target's dividend yield is above the Consumer Defensive sector average.