Target Corporation (NYSE:TGT) To Pay Dividend Of $0.56

As per Target Corporation (NYSE:TGT) announcement on 2016-03-10, the shareholders are set to receive dividend payout. The company has announced that it will pay $0.56 as dividend for every share held by its shareholders appearing on record as on 2016-05-18, it will be paid on 2016-06-10. After the record date i.e. 2016-05-16, the shares of the company will trade at ex-dividend price.

In the last one year, Target Corporation (NYSE:TGT) has paid out dividend amounting $0.56 per share. A year ago, the company paid a total of $0.56 in dividends, which reflects a growth of 13.6842% over the last year. Target Corporation’s dividend payment track record during the last five years shows that it has paid an average of $0.56 per year to its shareholders, the company had paid dividend of $0.56 per share figure paid 5 years ago. The number signifies 20.7911% growth over the last five years. The average percentage rate of annual dividend growth paid over the last 10 years is 19.6231%

Over a period of three years the company has paid a dividend of $0.56 reflecting a growth of 0.56% over the same period. The average percentage rate of annual dividend growth paid over the last 3 years is 17.8401% of the company.

Target Corporation (NYSE:TGT) has paid annual dividend of $0.56 10 years ago, while the verage per share annual dividend paid over the last 10 fiscal years is $0.56.

Earnings Announcements

Target Corporation’s expects EPS for the next fiscal quarter ended 2016-04-30 to be $1.2.

The company’s earnings per share a year ago stood at $1.1 for the period ended 2015-04-30. Target Corporation will report its next quarter earnings on 2016-05-18 and will release the earnings for the next fiscal year on 2017-02-26.

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