Merchandise retailer Target Corp announces Qtly dividend

15 Jun '06
1 min read

The board of directors of Minneapolis based largest retailer Target Corporation has declared a quarterly dividend of 12 cents per common share. The dividend is payable September 10, 2006 to shareholders of record August 20, 2006. The third quarter dividend will be the company's 156th consecutive dividend paid since October 1967 when the company became publicly held.

Target Corporation operates Target Stores, a chain of large, general merchandise discount stores, as well as an on-line business called Target.com. The company currently operates 1,418 Target stores in 47 states.

Target Corporation

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