Target increases dividend by 19.4 percentJune 12, 2013 @ 10:52 am
MINNEAPOLIS (AP) - Target Corp. is increasing its quarterly dividend by 19.4 percent.
The Minneapolis-based retailer on Wednesday declared a quarterly dividend of 43 cents per share, up from 36 cents per share. The dividend is payable Sept. 10 to shareholders of record as of Aug. 21.
Target says it is the 184th consecutive dividend paid since it went public in 1967.
Target shares fell 66 cents to $69.34 in afternoon trading.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Exception to the Rule
Socialist party defends paying $13 hour an hour while calling for much higher minimum wage
What Took So Long?
WSDOT explains why it took so long to clean up a collision on I-5 Monday morning
All You Can Eat
6 belt-loosening food challenges in Seattle you may not be man enough to complete
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.