Why Target Stock Is Rising Today

Target Corporation TGT shares are trading up Thursday after the company raised its quarterly dividend by 1.9%, payable Sept. 10, 2023 to shareholders of record at the close of business Aug. 16, 2023.

What To Know: Target Corporation has declared a quarterly dividend of $1.10 per common share. This represents a 1.9% increase from the previous quarterly dividend of $1.08.

It is also worth noting that this is the fifty-second consecutive year in which Target has increased its annual dividend.

Related Link: What's Going On With Canadian Solar?

TGT Price Action: Shares of TGT were up 3.20% at $137.49 at the time of publication, according to Benzinga Pro.

Image by Dirk (Beeki®) Schumacher from Pixabay

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!