Dividend keeps coming
Financial results at Target have not been great of late, but the company remains in a solid enough financial position to continue paying a regular quarterly dividend, which is more than a lot of companies can say in the current economy.
The Target board recently declared a quarterly dividend of 16 cents a share, payable on March 10 to shareholders of record on Feb. 20. It marks the 166th consecutive dividend the company has paid since it became a publicly held company in October 1967.