SmarterDividends
TGT

Target Corporation

TGT42 yrs growth

Consumer Defensive · Stock · quarterly payer

Forward Yield

3.68%

Annual Dividend

$4.56

Payout Ratio

60%

5-Yr Growth

11.0%

Ex-Date

May 13, 2026

Frequency

Quarterly

TGT Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak42 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage60% of earnings paid out
Free-cash-flow coverage66% of free cash flow
Balance-sheet strengthDebt/equity of 1.18
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TGT a good dividend stock?

Yes

Target Corporation (TGT) pays a quarterly dividend yielding 3.68% ($4.56/yr), with 42 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 42 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (60%)
  • Strong 11.0% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.68%
Payout Ratio
60%
Annual Dividend
$4.56
5-Yr Avg Growth
11.0%
Ex-Dividend Date
May 13, 2026
Years of Growth
42
Frequency
quarterly
Beta
0.99
Market Cap
$56.3B
P/E Ratio
16.4
5-Yr Total Return
-49%
52-Week Range
$83.44 – $133.10
Dividend Safety
A · 88/100
Ever Cut?
No
TGT ex-dividend date & scheduleNext ex-date May 13, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $4.56 / yr per share

Per payment (quarterly)$114.00
Annual$456.00
Monthly avg$38.00