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TGT Target dividend history, payout ratio & dates

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%.

Key dates

  • TGT last dividend date: Sep 15, 2022
  • TGT next dividend date: Nov 15, 2022
TGT dividend stats
DPS
$3.96
Dividend yield
2.61%
Payout ratio
44.5%
vs. Consumer Defensive sector
Dividend yield
2.35%
Payout ratio
49%

Dividend yield

What is Target current dividend yield

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.

Dividend history

What is TGT dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is Target dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

TGT dividend vs peer dividends

How does TGT dividend compare to its peers' dividends
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%

Frequently asked questions

Does Target pay a dividend?

Yes, Target has been paying dividends for the last 28 years.

When is Target's next dividend?

TGT has announced its next dividend with ex-date Nov 15, 2022.

When was TGT's last dividend?

Target's last regular dividend was on Sep 15, 2022 (ex-date) with the amount of $1.08 per share.

How much dividend does Target pay (per share)?

TGT's annualized dividend per share is $3.96.

What is Target's dividend yield?

Target's current dividend yield is 2.61%.

How often does Target pay dividends?

Target has a quarterly dividend frequency.

What is Target's dividend payout ratio?

The dividend payout ratio of Target is 44.5%.

Does Target pay a good dividend?

Target's dividend yield is above the Consumer Defensive sector average.