Target (TGT) Dividend History & Yield
Target (TGT) has increased its dividend for 43 consecutive years and currently yields 3.77%. The most recent payment was $1.1400/share on May 13, 2026, paid Quarterly.
TGT
Current Yield
3.77%
TTM Dividend/Share
$4.54
Payment Frequency
Quarterly
Payout Ratio
55.4%
Consecutive Growth Years
43
Div Growth (1Y CAGR)
1.80%
Div Growth (5Y CAGR)
11.02%
Div Growth (10Y CAGR)
7.66%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 55.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.24) covers dividend/share ($4.54).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
43 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date May 13, 2026
- Payment date
- Jun 1, 2026
- Dividend
- $1.1400
- Adj. dividend
- $1.1400
- Yield (ex-date)
- 3.78%
Ex-date Feb 11, 2026
- Payment date
- Mar 1, 2026
- Dividend
- $1.1400
- Adj. dividend
- $1.1400
- Yield (ex-date)
- 3.96%
Ex-date Nov 12, 2025
- Payment date
- Dec 1, 2025
- Dividend
- $1.1400
- Adj. dividend
- $1.1400
- Yield (ex-date)
- 4.92%
Ex-date Aug 13, 2025
- Payment date
- Sep 1, 2025
- Dividend
- $1.1400
- Adj. dividend
- $1.1400
- Yield (ex-date)
- 4.27%
Ex-date May 14, 2025
- Payment date
- Jun 1, 2025
- Dividend
- $1.1200
- Adj. dividend
- $1.1200
- Yield (ex-date)
- 4.70%
Ex-date Feb 12, 2025
- Payment date
- Mar 1, 2025
- Dividend
- $1.1200
- Adj. dividend
- $1.1200
- Yield (ex-date)
- 3.50%
Ex-date Nov 20, 2024
- Payment date
- Dec 10, 2024
- Dividend
- $1.1200
- Adj. dividend
- $1.1200
- Yield (ex-date)
- 3.65%
Ex-date Aug 21, 2024
- Payment date
- Sep 10, 2024
- Dividend
- $1.1200
- Adj. dividend
- $1.1200
- Yield (ex-date)
- 2.78%
Ex-date May 14, 2024
- Payment date
- Jun 10, 2024
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
- Yield (ex-date)
- 2.77%
Ex-date Feb 20, 2024
- Payment date
- Mar 10, 2024
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
- Yield (ex-date)
- 2.92%
Ex-date Nov 14, 2023
- Payment date
- Dec 10, 2023
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
- Yield (ex-date)
- 3.94%
Ex-date Aug 15, 2023
- Payment date
- Sep 10, 2023
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
- Yield (ex-date)
- 3.47%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| May 13, 2026 | Jun 1, 2026 | $1.1400 | $1.1400 | 3.78% |
| Feb 11, 2026 | Mar 1, 2026 | $1.1400 | $1.1400 | 3.96% |
| Nov 12, 2025 | Dec 1, 2025 | $1.1400 | $1.1400 | 4.92% |
| Aug 13, 2025 | Sep 1, 2025 | $1.1400 | $1.1400 | 4.27% |
| May 14, 2025 | Jun 1, 2025 | $1.1200 | $1.1200 | 4.70% |
| Feb 12, 2025 | Mar 1, 2025 | $1.1200 | $1.1200 | 3.50% |
| Nov 20, 2024 | Dec 10, 2024 | $1.1200 | $1.1200 | 3.65% |
| Aug 21, 2024 | Sep 10, 2024 | $1.1200 | $1.1200 | 2.78% |
| May 14, 2024 | Jun 10, 2024 | $1.1000 | $1.1000 | 2.77% |
| Feb 20, 2024 | Mar 10, 2024 | $1.1000 | $1.1000 | 2.92% |
| Nov 14, 2023 | Dec 10, 2023 | $1.1000 | $1.1000 | 3.94% |
| Aug 15, 2023 | Sep 10, 2023 | $1.1000 | $1.1000 | 3.47% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Target has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 43 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.5200 | — | — |
| 2025 | $4.4400 | $4.5200 | +1.8% |
| 2024 | $4.3600 | $4.4400 | +1.8% |
| 2023 | $3.9600 | $4.3600 | +10.1% |
| 2022 | $3.1600 | $3.9600 | +25.3% |
| 2021 | $2.6800 | $3.1600 | +17.9% |
| 2020 | $2.6000 | $2.6800 | +3.1% |
| 2019 | $2.5200 | $2.6000 | +3.2% |
| 2018 | $2.4400 | $2.5200 | +3.3% |
| 2017 | $2.3200 | $2.4400 | +5.2% |
| 2016 | $2.1600 | $2.3200 | +7.4% |
| 2015 | $1.9000 | $2.1600 | +13.7% |
| 2014 | $1.5800 | $1.9000 | +20.3% |
| 2013 | $1.3200 | $1.5800 | +19.7% |
| 2012 | $1.1000 | $1.3200 | +20.0% |
| 2011 | $0.8400 | $1.1000 | +31.0% |
| 2010 | $0.6600 | $0.8400 | +27.3% |
| 2009 | $0.6000 | $0.6600 | +10.0% |
| 2008 | $0.5200 | $0.6000 | +15.4% |
| 2007 | $0.4400 | $0.5200 | +18.2% |
| 2006 | $0.3600 | $0.4400 | +22.2% |
| 2005 | $0.3000 | $0.3600 | +20.0% |
| 2004 | $0.2600 | $0.3000 | +15.4% |
| 2003 | $0.2400 | $0.2600 | +8.3% |
| 2002 | $0.2200 | $0.2400 | +9.1% |
| 2001 | $0.2100 | $0.2200 | +4.8% |
| 2000 | $0.2000 | $0.2100 | +5.0% |
| 1999 | $0.1800 | $0.2000 | +11.1% |
| 1998 | $0.1650 | $0.1800 | +9.1% |
| 1997 | $0.1533 | $0.1650 | +7.6% |
| 1996 | $0.1450 | $0.1533 | +5.7% |
| 1995 | $0.1400 | $0.1450 | +3.6% |
| 1994 | $0.1333 | $0.1400 | +5.0% |
| 1993 | $0.1267 | $0.1333 | +5.3% |
| 1992 | $0.1200 | $0.1267 | +5.6% |
| 1991 | $0.1100 | $0.1200 | +9.1% |
| 1990 | $0.0933 | $0.1100 | +17.9% |
| 1989 | $0.0850 | $0.0933 | +9.8% |
| 1988 | $0.0767 | $0.0850 | +10.9% |
| 1987 | $0.0700 | $0.0767 | +9.5% |
| 1986 | $0.0633 | $0.0700 | +10.5% |
| 1985 | $0.0560 | $0.0633 | +13.1% |
| 1984 | — | $0.0560 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Target pay dividends?
- Yes, Target (TGT) pays quarterly dividends of approximately $4.54 per share annually, yielding 3.77%.
What is Target's dividend yield?
- Target (TGT) has a current dividend yield of 3.77%.
Is Target's dividend safe?
- Target (TGT) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Target increased its dividend?
- Target (TGT) has 43 consecutive years of dividend increases.
What is Target's dividend payout ratio?
- Target (TGT) has a dividend payout ratio of 55.4%.