Target Lifts Dividend Again: Is It Still a Reliable Income Pick?

Key Takeaways Target raised its quarterly dividend by 1.8% to $1.14, marking 54 consecutive years of growth. TGT has paid 232 straight dividends since 1967, signaling strong payout consistency over decades. TGT's 15.1% trailing 12-month ROIC supports its ongoing confidence in steady cash generation.Target Corporation (TGT) has once again rewarded income-focused investors, announcing a 1.8% increase in its quarterly dividend to $1.14 per share. While modest in percentage terms, the hike underscores the ret ...