Target Corp

NYSE : TGT

USA·Consumer Defensive·Retail - Defensive·Ordinary Shares

$154.26

+0.10 (+0.06%)Oct 16 close

Market Cap

$69.86B

Enterprise Value

$83.14B

P/E (TTM)

16.02

P/B

3.93

Net Cash / (Debt)

−$13.28B

52-Week Range

$84 — $170

5-Year Range

$84 — $266

Avg Volume (3M)

4.34M

ListingsNYSE LIM XTER LTS WBO

Dividend Yield (TTM)

2.97%

vs 5Y avg 3.11% · 10Y avg 2.96%

Dividend Yield (Forward)

3.01%

4 payments/yr (spacing)

Dividends / Share (TTM)

$4.58

Forward (annualized): $4.64

Payout Ratio (EPS, TTM)

47.4%

Payout Ratio (FCF, TTM)

46.7%

Dividend CAGR (3Y / 5Y / 10Y)

3Y4.5%5Y11.0%10Y7.7%

Consecutive Growth Years

as of 2025

Years Without a Cut

as of 2025

Total Shareholder Yield (TTM)

3.14%

Div 2.92% + Net buyback 0.22%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)

3.1%

Dividends 2.9% + Net buybacks 0.2%

Net Buyback (TTM)

$153M

Gross $153M − Issuance $0

SBC (TTM)

$302M

Share-based compensation, dilution driver

Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (1.8% latest vs 12.4% 3-yr avg).

Year	DPS (regular sum, USD)	Change	Hikes
2025	4.52	+1.8%	1
2024	4.44	+1.8%	1
2023	4.36	+10.1%	1
2022	3.96	+25.3%	1
2021	3.16	+17.9%	1
2020	2.68	+3.1%	1
2019	2.60	+3.2%	1
2018	2.52	+3.3%	1
2017	2.44	+5.2%	1
2016	2.32	+7.4%	1
2015	2.16	+13.7%	1
2014	1.90	+20.3%	1
2013	1.58	+19.7%	1
2012	1.32	+20.0%	1
2011	1.10	+31.0%	1

Special dividends are excluded from these figures. Based on 163 regular payments.

Payment history (163 payments)

		As declared	Δ%	Type	Frequency	Declaration	Record	Pay date
2026-08-12	$1.16	–	+1.8%	Cash	quarterly	2026-06-11	2026-08-12	2026-09-01
2026-05-13	$1.14	–	0.0%	Cash	quarterly	2026-03-11	2026-05-13	2026-06-01
2026-02-11	$1.14	–	0.0%	Cash	quarterly	2026-01-22	2026-02-11	2026-03-01
2025-11-12	$1.14	–	0.0%	Cash	quarterly	2025-09-17	2025-11-12	2025-12-01
2025-08-13	$1.14	–	+1.8%	Cash	quarterly	2025-06-12	2025-08-13	2025-09-01
2025-05-14	$1.12	–	0.0%	Cash	quarterly	2025-03-12	2025-05-14	2025-06-01
2025-02-12	$1.12	–	0.0%	Cash	quarterly	2025-01-15	2025-02-12	2025-03-01
2024-11-20	$1.12	–	0.0%	Cash	quarterly	2024-09-17	2024-11-20	2024-12-10
2024-08-21	$1.12	–	+1.8%	Cash	quarterly	2024-06-12	2024-08-21	2024-09-10
2024-05-14	$1.1	–	0.0%	Cash	quarterly	2024-03-13	2024-05-15	2024-06-10
2024-02-20	$1.1	–	0.0%	Cash	quarterly	2024-01-17	2024-02-21	2024-03-10
2023-11-14	$1.1	–	0.0%	Cash	quarterly	2023-09-20	2023-11-15	2023-12-10
2023-08-15	$1.1	–	+1.9%	Cash	quarterly	2023-06-15	2023-08-16	2023-09-10
2023-05-16	$1.08	–	0.0%	Cash	quarterly	2023-03-09	2023-05-17	2023-06-10
2023-02-14	$1.08	–	0.0%	Cash	quarterly	2023-01-12	2023-02-15	2023-03-10
2022-11-15	$1.08	–	0.0%	Cash	quarterly	2022-09-22	2022-11-16	2022-12-10
2022-08-16	$1.08	–	+20.0%	Cash	quarterly	2022-06-09	2022-08-17	2022-09-10
2022-05-17	$0.9	–	0.0%	Cash	quarterly	2022-03-10	2022-05-18	2022-06-10
2022-02-15	$0.9	–	0.0%	Cash	quarterly	2022-01-13	2022-02-16	2022-03-10
2021-11-16	$0.9	–	0.0%	Cash	quarterly	2021-09-23	2021-11-17	2021-12-10
2021-08-17	$0.9	–	+32.4%	Cash	quarterly	2021-06-09	2021-08-18	2021-09-10
2021-05-18	$0.68	–	0.0%	Cash	quarterly	2021-03-11	2021-05-19	2021-06-10
2021-02-16	$0.68	–	0.0%	Cash	quarterly	2021-01-14	2021-02-17	2021-03-10
2020-11-17	$0.68	–	0.0%	Cash	quarterly	2020-09-24	2020-11-18	2020-12-10
2020-08-18	$0.68	–	+3.0%	Cash	quarterly	2020-06-11	2020-08-19	2020-09-10
2020-05-19	$0.66	–	0.0%	Cash	quarterly	2020-03-12	2020-05-20	2020-06-10
2020-02-18	$0.66	–	0.0%	Cash	quarterly	2020-01-09	2020-02-19	2020-03-10
2019-11-19	$0.66	–	0.0%	Cash	quarterly	2019-09-19	2019-11-20	2019-12-10
2019-08-20	$0.66	–	+3.1%	Cash	quarterly	2019-06-13	2019-08-21	2019-09-10
2019-05-14	$0.64	–	0.0%	Cash	quarterly	2019-03-14	2019-05-15	2019-06-10
2019-02-19	$0.64	–	0.0%	Cash	quarterly	2019-01-10	2019-02-20	2019-03-10
2018-11-20	$0.64	–	0.0%	Cash	quarterly	2018-09-19	2018-11-21	2018-12-10
2018-08-14	$0.64	–	+3.2%	Cash	quarterly	2018-06-18	2018-08-15	2018-09-10
2018-05-15	$0.62	–	0.0%	Cash	quarterly	2018-03-16	2018-05-16	2018-06-10
2018-02-20	$0.62	–	0.0%	Cash	quarterly	2018-01-11	2018-02-21	2018-03-10
2017-11-14	$0.62	–	0.0%	Cash	quarterly	2017-09-20	2017-11-15	2017-12-10
2017-08-14	$0.62	–	+3.3%	Cash	quarterly	2017-06-14	2017-08-16	2017-09-10
2017-05-15	$0.6	–	0.0%	Cash	quarterly	2017-03-09	2017-05-17	2017-06-10
2017-02-13	$0.6	–	0.0%	Cash	quarterly	2017-01-12	2017-02-15	2017-03-10
2016-11-14	$0.6	–	0.0%	Cash	quarterly	2016-09-21	2016-11-16	2016-12-10
2016-08-15	$0.6	–	+7.1%	Cash	quarterly	2016-06-08	2016-08-17	2016-09-10
2016-05-16	$0.56	–	0.0%	Cash	quarterly	2016-03-10	2016-05-18	2016-06-10
2016-02-12	$0.56	–	0.0%	Cash	quarterly	2016-01-14	2016-02-17	2016-03-10
2015-11-16	$0.56	–	0.0%	Cash	quarterly	2015-09-11	2015-11-18	2015-12-10
2015-08-17	$0.56	–	+7.7%	Cash	quarterly	2015-06-08	2015-08-19	2015-09-10
2015-05-18	$0.52	–	0.0%	Cash	quarterly	2015-03-13	2015-05-20	2015-06-10
2015-02-13	$0.52	–	0.0%	Cash	quarterly	2015-01-15	2015-02-18	2015-03-10
2014-11-17	$0.52	–	0.0%	Cash	quarterly	2014-09-10	2014-11-19	2014-12-10
2014-08-18	$0.52	–	+20.9%	Cash	quarterly	2014-06-11	2014-08-20	2014-09-10
2014-05-19	$0.43	–	0.0%	Cash	quarterly	2014-03-13	2014-05-21	2014-06-10
2014-02-14	$0.43	–	0.0%	Cash	quarterly	2014-01-09	2014-02-19	2014-03-10
2013-11-18	$0.43	–	0.0%	Cash	quarterly	2013-09-12	2013-11-20	2013-12-10
2013-08-19	$0.43	–	+19.4%	Cash	quarterly	2013-06-13	2013-08-21	2013-09-10
2013-05-13	$0.36	–	0.0%	Cash	quarterly	2013-03-14	2013-05-15	2013-06-10
2013-02-15	$0.36	–	0.0%	Cash	quarterly	2013-01-10	2013-02-20	2013-03-10
2012-11-19	$0.36	–	0.0%	Cash	quarterly	2012-09-14	2012-11-21	2012-12-10
2012-08-13	$0.36	–	+20.0%	Cash	quarterly	2012-06-14	2012-08-15	2012-09-10
2012-05-14	$0.3	–	0.0%	Cash	quarterly	2012-03-16	2012-05-16	2012-06-10
2012-02-13	$0.3	–	0.0%	Cash	quarterly	2012-01-13	2012-02-15	2012-03-10
2011-11-14	$0.3	–	0.0%	Cash	quarterly	2011-09-15	2011-11-16	2011-12-10
2011-08-16	$0.3	–	+20.0%	Cash	quarterly	2011-06-09	2011-08-18	2011-09-10
2011-05-16	$0.25	–	0.0%	Cash	quarterly	2011-03-11	2011-05-18	2011-06-10
2011-02-14	$0.25	–	0.0%	Cash	quarterly	2011-01-14	2011-02-16	2011-03-10
2010-11-17	$0.25	–	0.0%	Cash	quarterly	2010-09-10	2010-11-20	2010-12-10
2010-08-18	$0.25	–	+47.1%	Cash	quarterly	2010-06-10	2010-08-20	2010-09-10
2010-05-18	$0.17	–	0.0%	Cash	quarterly	2010-03-12	2010-05-20	2010-06-10
2010-02-17	$0.17	–	0.0%	Cash	quarterly	2010-01-15	2010-02-20	2010-03-10
2009-11-18	$0.17	–	0.0%	Cash	quarterly	2009-09-11	2009-11-20	2009-12-10
2009-08-18	$0.17	–	+6.3%	Cash	quarterly	2009-06-12	2009-08-20	2009-09-10
2009-05-18	$0.16	–	0.0%	Cash	quarterly	2009-03-13	2009-05-20	2009-06-10
2009-02-18	$0.16	–	0.0%	Cash	quarterly	2009-01-16	2009-02-20	2009-03-10
2008-11-18	$0.16	–	0.0%	Cash	quarterly	2008-09-12	2008-11-20	2008-12-10
2008-08-18	$0.16	–	+14.3%	Cash	quarterly	2008-06-13	2008-08-20	2008-09-10
2008-05-16	$0.14	–	0.0%	Cash	quarterly	2008-03-12	2008-05-20	2008-06-10
2008-02-15	$0.14	–	0.0%	Cash	quarterly	2008-01-10	2008-02-20	2008-03-10
2007-11-16	$0.14	–	0.0%	Cash	quarterly	2007-09-12	2007-11-20	2007-12-10
2007-08-16	$0.14	–	+16.7%	Cash	quarterly	2007-06-13	2007-08-20	2007-09-10
2007-05-16	$0.12	–	0.0%	Cash	quarterly	2007-03-15	2007-05-20	2007-06-10
2007-02-15	$0.12	–	0.0%	Cash	quarterly	2007-01-10	2007-02-20	2007-03-10
2006-11-16	$0.12	–	0.0%	Cash	quarterly	2006-09-14	2006-11-20	2006-12-10
2006-08-16	$0.12	–	+20.0%	Cash	quarterly	2006-06-15	2006-08-20	2006-09-10
2006-05-17	$0.1	–	0.0%	Cash	quarterly	2006-03-09	2006-05-20	2006-06-10
2006-02-15	$0.1	–	0.0%	Cash	quarterly	2006-01-11	2006-02-20	2006-03-10
2005-11-16	$0.1	–	0.0%	Cash	quarterly	2005-09-15	2005-11-20	2005-12-10
2005-08-17	$0.1	–	+25.0%	Cash	quarterly	2005-06-08	2005-08-20	2005-09-10
2005-05-18	$0.08	–	0.0%	Cash	quarterly	2005-03-09	2005-05-20	2005-06-10
2005-02-16	$0.08	–	0.0%	Cash	quarterly	2005-01-07	2005-02-20	2005-03-10
2004-11-17	$0.08	–	0.0%	Cash	quarterly	2004-09-09	2004-11-20	2004-12-10
2004-08-18	$0.08	–	+14.3%	Cash	quarterly	2004-07-09	2004-08-20	2004-09-10
2004-05-18	$0.07	–	0.0%	Cash	quarterly	2004-03-11	2004-05-20	2004-06-10
2004-02-18	$0.07	–	0.0%	Cash	quarterly	2004-01-09	2004-02-20	2004-03-10
2003-11-18	$0.07	–	0.0%	Cash	quarterly	2003-09-11	2003-11-20	2003-12-10
2003-08-18	$0.07	–	+16.7%	Cash	quarterly	2003-06-12	2003-08-20	2003-09-10
2003-05-16	$0.06	–	0.0%	Cash	quarterly	2003-03-13	2003-05-20	2003-06-10
2003-02-18	$0.06	–	0.0%	Cash	quarterly	2003-01-09	2003-02-20	2003-03-10
2002-11-18	$0.06	–	0.0%	Cash	quarterly	2002-09-12	2002-11-20	2002-12-10
2002-08-16	$0.06	–	0.0%	Cash	quarterly	2002-06-13	2002-08-20	2002-09-10
2002-05-16	$0.06	–	0.0%	Cash	quarterly	2002-03-14	2002-05-20	2002-06-10
2002-02-15	$0.06	–	+9.1%	Cash	quarterly	2002-01-04	2002-02-20	2002-03-10
2001-11-16	$0.055	–	0.0%	Cash	quarterly	2001-11-15	2001-11-20	2001-12-10
2001-08-16	$0.055	–	0.0%	Cash	quarterly	2001-06-14	2001-08-20	2001-09-10
2001-05-16	$0.055	–	0.0%	Cash	quarterly	2001-03-15	2001-05-20	2001-06-10
2001-02-15	$0.055	–	0.0%	Cash	quarterly	2001-01-11	2001-02-20	2001-03-10
2000-11-16	$0.055	–	0.0%	Cash	quarterly	2000-11-09	2000-11-20	2000-12-10
2000-08-16	$0.055	–	+10.0%	Cash	quarterly	2000-06-15	2000-08-20	2000-09-10
2000-05-17	$0.05	$0.1	0.0%	Cash	quarterly	2000-03-09	2000-05-20	2000-06-10
2000-02-16	$0.05	$0.1	0.0%	Cash	quarterly	2000-01-13	2000-02-20	2000-03-10
1999-11-17	$0.05	$0.1	0.0%	Cash	quarterly	1999-11-10	1999-11-20	1999-12-10
1999-08-18	$0.05	$0.1	0.0%	Cash	quarterly	1999-06-09	1999-08-20	1999-09-10
1999-05-18	$0.05	$0.1	0.0%	Cash	quarterly	1999-04-14	1999-05-20	1999-06-10
1999-02-17	$0.05	$0.1	+11.1%	Cash	quarterly	1999-01-14	1999-02-20	1999-03-10
1998-11-18	$0.045	$0.09	0.0%	Cash	quarterly	1998-11-11	1998-11-20	1998-12-10
1998-08-18	$0.045	$0.09	0.0%	Cash	quarterly	1998-06-10	1998-08-20	1998-09-10
1998-05-18	$0.045	$0.09	0.0%	Cash	quarterly	1998-04-08	1998-05-20	1998-06-10
1998-02-18	$0.045	$0.18	0.0%	Cash	quarterly	1998-01-14	1998-02-20	1998-03-10
1997-11-18	$0.045	$0.18	+12.5%	Cash	quarterly	1997-11-12	1997-11-20	1997-12-10
1997-08-18	$0.04	$0.16	0.0%	Cash	quarterly	1997-06-11	1997-08-20	1997-09-10
1997-05-16	$0.04	$0.16	0.0%	Cash	quarterly	1997-04-14	1997-05-20	1997-06-10
1997-02-18	$0.04	$0.16	0.0%	Cash	quarterly	1997-01-08	1997-02-20	1997-03-10
1996-11-18	$0.04	$0.16	0.0%	Cash	quarterly	1996-11-07	1996-11-20	1996-12-10
1996-08-16	$0.04	$0.16	+9.0%	Cash	quarterly	1996-06-12	1996-08-20	1996-09-10
1996-05-16	$0.0367	$0.4404	0.0%	Cash	quarterly	1996-04-10	1996-05-20	1996-06-10
1996-02-15	$0.0367	$0.4404	0.0%	Cash	quarterly	1996-01-10	1996-02-20	1996-03-10
1995-11-16	$0.0367	$0.4404	0.0%	Cash	quarterly	1995-10-12	1995-11-20	1995-12-10
1995-08-16	$0.0367	$0.4404	0.0%	Cash	quarterly	1995-06-14	1995-08-20	1995-09-10
1995-05-15	$0.0367	$0.4404	+4.9%	Cash	quarterly	1995-04-12	1995-05-20	1995-06-10
1995-02-13	$0.035	$0.42	0.0%	Cash	quarterly	1995-01-11	1995-02-20	1995-03-10
1994-11-14	$0.035	$0.42	0.0%	Cash	quarterly	1994-10-12	1994-11-20	1994-12-10
1994-08-15	$0.035	$0.42	0.0%	Cash	quarterly	1994-06-08	1994-08-20	1994-09-10
1994-05-16	$0.035	$0.42	0.0%	Cash	quarterly	1994-04-13	1994-05-20	1994-06-10
1994-02-14	$0.035	$0.42	+5.1%	Cash	quarterly	1994-01-12	1994-02-20	1994-03-10
1993-11-15	$0.0333	$0.3996	0.0%	Cash	quarterly	1993-10-13	1993-11-20	1993-12-10
1993-08-16	$0.0333	$0.3996	0.0%	Cash	quarterly	1993-07-14	1993-08-20	1993-09-10
1993-05-14	$0.0333	$0.3996	0.0%	Cash	quarterly	1993-04-15	1993-05-20	1993-06-10
1993-02-12	$0.0333	$0.3996	+5.0%	Cash	quarterly	1993-01-13	1993-02-20	1993-03-10
1992-11-16	$0.0317	$0.3804	0.0%	Cash	quarterly	1992-10-14	1992-11-20	1992-12-10
1992-08-14	$0.0317	$0.3804	0.0%	Cash	quarterly	1992-07-08	1992-08-20	1992-09-10
1992-05-14	$0.0317	$0.3804	0.0%	Cash	quarterly	1992-04-08	1992-05-20	1992-06-10
1992-02-13	$0.0317	$0.3804	+5.7%	Cash	quarterly	1992-01-08	1992-02-20	1992-03-10
1991-11-14	$0.03	$0.36	0.0%	Cash	quarterly	1991-10-09	1991-11-20	1991-12-10
1991-08-14	$0.03	$0.36	0.0%	Cash	quarterly	1991-07-10	1991-08-20	1991-09-10
1991-05-14	$0.03	$0.36	0.0%	Cash	quarterly	1991-04-10	1991-05-20	1991-06-10
1991-02-13	$0.03	$0.36	+9.1%	Cash	quarterly	1991-01-09	1991-02-20	1991-03-08
1990-11-14	$0.0275	$0.33	0.0%	Cash	quarterly	1990-10-10	1990-11-20	1990-12-10
1990-08-14	$0.0275	$0.33	0.0%	Cash	quarterly	1990-07-12	1990-08-20	1990-09-10
1990-05-14	$0.0275	$0.33	0.0%	Cash	quarterly	1990-04-11	1990-05-18	1990-06-08
1990-02-13	$0.0275	$0.33	+18.0%	Cash	quarterly	1990-01-10	1990-02-20	1990-03-09
1989-11-14	$0.0233	$0.2796	0.0%	Cash	quarterly	1989-10-11	1989-11-20	1989-12-08
1989-08-14	$0.0233	$0.2796	0.0%	Cash	quarterly	1989-07-12	1989-08-18	1989-09-08
1989-05-15	$0.0233	$0.2796	0.0%	Cash	quarterly	1989-04-12	1989-05-19	1989-06-09
1989-02-13	$0.0233	$0.2796	+9.4%	Cash	quarterly	1989-01-11	1989-02-20	1989-03-10
1988-11-14	$0.0213	$0.2556	0.0%	Cash	quarterly	1988-10-12	1988-11-18	1988-12-10
1988-08-15	$0.0213	$0.2556	0.0%	Cash	quarterly	1988-07-13	1988-08-19	1988-09-10
1988-05-16	$0.0213	$0.2556	0.0%	Cash	quarterly	1988-04-13	1988-05-20	1988-06-10
1988-02-12	$0.0213	$0.2556	+10.9%	Cash	quarterly	1988-01-13	1988-02-19	1988-03-10
1987-11-16	$0.0192	$0.2304	0.0%	Cash	quarterly	1987-10-14	1987-11-20	1987-12-10
1987-08-14	$0.0192	$0.2304	0.0%	Cash	quarterly	1987-07-08	1987-08-20	1987-09-10
1987-05-14	$0.0192	$0.2304	0.0%	Cash	quarterly	1987-04-08	1987-05-20	1987-06-10
1987-02-13	$0.0192	$0.2304	+9.7%	Cash	quarterly	1987-01-09	1987-02-20	1987-03-10
1986-11-14	$0.0175	$0.21	0.0%	Cash	quarterly	1986-10-08	1986-11-20	1986-12-10
1986-08-14	$0.0175	$0.21	0.0%	Cash	quarterly	1986-07-09	1986-08-20	1986-09-10
1986-05-14	$0.0175	$0.21	0.0%	Cash	quarterly	1986-04-09	1986-05-20	1986-06-10
1986-02-19	$0.0175	$0.21	–	Cash	quarterly	1986-02-12	1986-02-25	1986-03-10

Splits (5)

Date	Ratio	Cumulative
1981-12-01	2:1	×48 to today
1983-07-25	2:1	×24 to today
1996-07-18	3:1	×12 to today
1998-05-01	2:1	×4 to today
2000-07-20	2:1	×2 to today