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History Says Buying Target Stock at a 5% Dividend Yield Is a Good Move. But Is It?
The Motley Fool· 2025-11-16 13:33
The retail chain is struggling but it isn't without hope.Of all of the publicly traded companies that have ever been, relatively few have ever been able to pay and raise a dividend for at least 50 consecutive years. That's what it takes to become a Dividend King. And current dividend royalty includes retail chain Target (TGT 0.80%), which has paid and raised its dividend for 55 consecutive years.As of this writing, the dividend yield for Target stock is quite high at 4.9%. This means that for every $100 inv ...