Target Corporation (NYSE: TGT) saw its shares hit a 52-week low of $107.28 on Tuesday. The decline came as the retailer announced its latest quarterly dividend of $1.12 per share, translating to an annualized payout of $4.48.
The dividend carries a yield of 3.97% at current stock prices. It is scheduled to be paid on June 1, 2025, to shareholders on record as of May 14, 2025. The retail giant has marked this dividend as its 231st consecutive payout since it went public in October 1967.
Target has an impressive dividend history. The company hasn’t only maintained dividend payments for 55 straight years but raised them for 54 consecutive years, underscoring its focus on delivering value to shareholders over time.
The dividend news arrives alongside other financial updates from the company. Earlier this month, the retailer reported fourth-quarter earnings of $2.41 per share, surpassing the analyst consensus of $2.24. Revenue for the period hit $30.9 billion, slightly above the expected $30.65 billion.
Looking ahead, Target (NYSE: TGT) shared a cautious forecast. The company expects comparable sales to remain flat for the year ending January 2026. This falls short of analysts’ average estimate of 1.86% growth, based on data from LSEG.
Target also flagged potential challenges. It cited uncertainties tied to tariffs and consumer spending as factors that could pressure first-quarter profits. However, its full-year earnings forecast of $8.80 and $9.80 per share matches Wall Street estimates.
