Target (TGT) Declares $0.66 Quarterly Dividend; Approves $5 Billion Buyback

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Target Corporation Declares Regular Quarterly Dividend and Announces New $5 Billion Share Repurchase Program

September 19, 2019 6:30 AM EDT

MINNEAPOLIS, Sept. 19, 2019 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced that its board of directors has declared a quarterly dividend of 66 cents per common share.  The dividend is payable December 10, 2019, to shareholders of record at the close of business November 20, 2019.  The 4th quarter dividend will be the Company's 209th consecutive dividend paid since October 1967 when the Company became publicly held.

Also today, Target Corporation announced that its board of directors has authorized a new $5 billion share repurchase program. The Company will begin repurchasing shares under this new authorization upon... More