iOS app Android app More

Target increases dividend by 19.4 percent

stumbleupon: Target increases dividend by 19.4 percent   digg: US Works With Sudan Government Suspected Of Aiding Genocide   reddit: Target increases dividend by 19.4 percent   del.icio.us: Target increases dividend by 19.4 percent

June 12, 2013 01:52 PM EST | AP


MINNEAPOLIS — 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.