■ Increase · July 18, 2026
Target Corporation Boosts Quarterly Dividend to $1.16
Target Corporation raises its quarterly dividend by 1.8% to $1.16 per share, marking the 55th consecutive annual increase.
Dividend Increase Details
Target Corporation (NYSE: TGT) announced a quarterly dividend of $1.16 per common share, a 1.8% increase from the previous $1.14 per share. The dividend is payable on September 1, 2026, to shareholders of record as of August 12, 2026. This marks the 236th consecutive dividend paid since October 1967, when the company became publicly held.
Consistent Dividend Growth
With this increase, 2026 is on track to be the 55th consecutive year in which Target has raised its annual dividend. The company operates over 2,000 stores in the U.S. and employs more than 400,000 team members, serving millions of families each week.
What it means for income investors
Target's latest dividend increase continues its long history of annual payout growth, now spanning 55 years. The 1.8% rise reflects modest but steady growth, supported by the company's retail operations and financial stability.
Reporting based on: Target Corporation. Figures verified against market data where available.