Target Corporation Increases Regular Quarterly Dividend By 20% to $0.30

The board of directors of Target Corporation TGT has declared a quarterly dividend of 30 cents per common share. The dividend is payable September 10, 2011 to shareholders of record at the close of business August 18, 2011. The 3rd quarter dividend will be the company's 176th consecutive dividend paid since October 1967 when the company became publicly held.