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Meet the Unstoppable Dividend King That's Up Over 55% in Just 4 Months
TargetTarget(US:TGT) The Motley Foolยท2024-03-13 10:40

Let's take a trip back to early November 2023.The holiday season is swiftly approaching. But Target (TGT -0.30%) investors have little to cheer about.Management is keeping a lean inventory, anticipating low demand. Margins are strained. Target's confidence in consumer spending on discretionary goods is low.The dividend yield is around 4%, and the company has raised its dividend for over 50 years, making it a Dividend King. The reliable passive income stream is about the only thing working for Target. Shares ...