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Target Corporation (TGT) logo

Target Corporation

Dividend AristocratS&P 500
TGT|Consumer Defensive|Discount Stores|$125.25|P/E 15.4|MCap 56.9B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

74/ 100Safe

TGT's dividend appears safe and well-supported. Strengths include a 55.6% earnings payout ratio & 32.0% cfo payout ratio. Areas of concern: 0.9x current ratio & 4.9% operating margin. As a Dividend Aristocrat with 25+ consecutive years of increases, TGT has a proven commitment to shareholders.

Based on 15 of 15 metrics

Strengths

  • Interest Coverage: 11.7xEarnings cover interest payments many times over.
  • Return on Equity: 24.0%Strong return on equity reflects efficient profit generation.
  • Dividend Streak: Aristocrat (25+ yrs)Long, uninterrupted dividend track record.

Risks

  • Current Ratio: 0.9xLimited short-term liquidity to meet obligations.
  • Operating Margin: 4.9%Operating margin is thin and pressures the dividend.

Payout & Coverage

Safe
Earnings Payout Ratio
55.6%Safe
FCF Payout Ratio
72.4%Caution
CFO Payout Ratio
32.0%Safe
Interest Coverage
11.7xVery Safe

Balance Sheet

Caution
Net Debt / Total Assets
24.9%Safe
Current Ratio
0.9xWarning
Debt-to-Equity
125.5Safe

Profitability

Caution
Return on Equity
24.0%Very Safe
Operating Margin
4.9%Warning
Gross Margin
26.6%Caution
Profit Margin Stability
ModerateCaution

Dividend Track Record

Very Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
11.0%Very Safe
Earnings Stability
StableSafe

About Target Corporation

Target Corporation operates as a major general merchandise retailer primarily in the United States, offering a diverse array of products to meet everyday consumer needs. Founded in 1902 and headquartered in Minneapolis, Minnesota, the company provides apparel for women, men, children, and infants, along with jewelry, accessories, and footwear; beauty items including skincare, cosmetics, and hair care; and extensive food and beverage selections such as groceries, snacks, deli, bakery, meat, produce, and prepared foods. Its offerings also encompass electronics like video games and consoles, toys, household essentials, and seasonal merchandise. Target Corporation emphasizes accessibility through innovative store features, exclusive brand partnerships for entertainment products like those inspired by Wicked and Stranger Things, and nationwide self-checkout options designed with community input. With trailing twelve-month revenue of approximately $91-106 billion and a focus on consumer staples merchandise retail, it plays a pivotal role in the retail sector by serving individual shoppers, families, and value-conscious households across multiple categories.

Dividend Overview

Dividend Yield

3.62%

Annual Dividend

$4.54

Frequency

Quarterly

Payout Ratio

55.60%

FCF Payout Ratio

72.42%

Stock Price

$125.25

52-Week Range

$83.44 $133.10

Dividend History (2016–2025)

TGT annual dividend per share and yield history

Earnings & Profitability

TGT earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 13, 2026

Next Payment Date

June 1, 2026

Dividend Growth

3-Year Dividend CAGR

4.51%

5-Year Dividend CAGR

11.02%

10-Year Dividend CAGR

7.66%

3-Year Total Growth

14.14%

5-Year Total Growth

68.66%

10-Year Total Growth

109.26%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

TGT Dividend Calculator

Total Investment

$12,525.00

Annual Income

$454.00

Quarterly Income

$113.50

Monthly Income

$37.83

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Frequently Asked Questions

What is TGT's current dividend yield?
Target Corporation (TGT) currently has a dividend yield of 3.62%, based on a stock price of $125.25 and an annual dividend of $4.54.
When is TGT's next dividend payment date?
TGT's next ex-dividend date is 2026-05-13 and the next payment date is 2026-06-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does TGT pay in dividends per year?
Target Corporation paid $4.52 per share in annual dividends in 2025. The dividends are paid quarterly.
Has TGT been increasing its dividend?
Yes, Target Corporation is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 11.02%, a 3-year CAGR of 4.51% and a 10-year CAGR of 7.66%.
Is TGT's dividend safe?
Target Corporation has a payout ratio of 55.60%. Its free cash flow payout ratio is 72.42%. A payout ratio below 60% is generally considered sustainable.
How is TGT's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Target Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track TGT Dividends with OnlyDividends

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.