The board of directors of Target Corporation has declared a quarterly dividend of 12 cents per common share. The dividend is payable March 10, 2007 to shareholders of record February 20, 2007.
The first quarter dividend will be the company's 158th consecutive dividend paid since October 1967 when the company became publicly held.
Target Corporation's operations include large, general merchandise discount stores and a fully integrated on-line business through which we offer a fun and convenient shopping experience with thousands of highly differentiated and affordably priced items. The company currently operates 1,488 Target stores in 47 states.