Target Increases Quarterly Dividend By 1.8% To $1.12 Per Share From $1.10 Prior Quarter, Payable Sept. 10, 2024
Portfolio Pulse from Benzinga Newsdesk
Target has announced an increase in its quarterly dividend by 1.8%, raising it to $1.12 per share from the previous $1.10. The dividend is payable on September 10, 2024, to shareholders of record as of August 21, 2024.
June 12, 2024 | 10:32 am
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POSITIVE IMPACT
Target has increased its quarterly dividend by 1.8% to $1.12 per share, payable on September 10, 2024. This move signals financial stability and a commitment to returning value to shareholders.
The increase in the dividend indicates Target's strong financial health and commitment to shareholder returns, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100