Target Corporation Increases Dividend 21%
A very positive sign from management and the Board of Directors at Target (TGT) is the 21% dividend increase announced this afternoon. The quarterly dividend was increased from $0.43 to $0.52 for a 20.93% increase. The new dividend will go ex-dividend on August 18th and is payable on September 10th. It's great to finally get some positive news from Target after the credit card data breach last December, the struggling expansion in Canada, and the recent departure of the CEO.