Target Corporation (TGT) Dividend
Dividend King — 50 consecutive years of dividend increases.
Target Corporation (TGT) currently pays a dividend yield of 3.05%, distributing $4.56 per share annually ($1.14 per quarter). The company operates in the Consumer Defensive sector.
TGT has raised its dividend for 50 consecutive years, earning it Dividend King status — an elite group of companies with 50 or more years of uninterrupted dividend increases.
TGT dividend at a glance
| Dividend Yield | 3.05% |
|---|---|
| Annual Dividend | $4.56 per share |
| Per Payment | $1.14 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | August 13, 2026 |
| Next Payment Date | September 3, 2026 |
| Payout Ratio | 60% |
| Consecutive Years of Dividend Growth | 50 |
| Sector | Consumer Defensive |
| Implied Share Price (from yield) | $149.51 |
What TGT pays on a $10,000 investment
At a 3.05% yield, $10,000 invested in TGT generates about $305.00 per year, or roughly $76.25 every quarter. Share counts below use an implied price of $149.51, derived from the $4.56 annual dividend and the 3.05% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 6.7 | $30.50 | $7.63 |
| $5,000 | 33.4 | $152.50 | $38.13 |
| $10,000 | 66.9 | $305.00 | $76.25 |
| $25,000 | 167.2 | $762.50 | $190.63 |
| $100,000 | 668.9 | $3,050.00 | $762.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
TGT dividend payment schedule
TGT pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is August 13, 2026, with payment on September 3, 2026. Later rows are projected forward at the same interval and will shift when Target Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| August 13, 2026 | September 3, 2026 | $1.14 | Confirmed |
| November 13, 2026 | December 4, 2026 | $1.14 | Projected |
| February 13, 2027 | March 6, 2027 | $1.14 | Projected |
| May 13, 2027 | June 3, 2027 | $1.14 | Projected |
To collect a TGT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How TGT's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. TGT's 3.05% is 0.76 percentage points below that median, ranking 342nd of 587 by yield.
Within Consumer Defensive, where we track 17 names, the median yield is 2.44% — putting TGT above its sector.
Its 50-year run of dividend increases ranks 24th out of the 362 names in our data with an active growth streak.
What the numbers mean
TGT pays out roughly 60% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, TGT distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
TGT dividend FAQ
When is the next TGT ex-dividend date?
The next TGT ex-dividend date is August 13, 2026, with the payment scheduled for September 3, 2026. You must own shares before the ex-dividend date to receive that payment.
What is TGT's dividend yield?
TGT currently yields 3.05%, based on $4.56 in dividends per share over the past year.
How often does TGT pay dividends?
TGT pays quarterly, which works out to 4 payments per year of about $1.14 per share.
How much dividend income would $10,000 of TGT generate?
At the current 3.05% yield, $10,000 invested in TGT would produce roughly $305.00 per year, or about $76.25 per quarter, before taxes and assuming the dividend holds.
Has TGT increased its dividend?
Yes — TGT has raised its dividend for 50 consecutive years. That makes it a Dividend King.
TGT dividend history
DivTrkr holds 173 recorded TGT dividend payments going back to 1983, with 42 consecutive complete years of increases and +11.0% a year of growth over the last five complete years. See the full TGT dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Defensive dividend payers
- UVV — Universal Corporation dividend (6.53%)
- KHC — The Kraft Heinz Company dividend (6.32%)
- BTI — British American Tobacco p.l.c. dividend (5.63%)
- PEP — PepsiCo, Inc. dividend (4.26%)
- UL — Unilever PLC dividend (3.37%)
- KDP — Keurig Dr Pepper Inc. dividend (3.07%)
- KR — The Kroger Co. dividend (2.47%)
- KO — The Coca-Cola Company dividend (2.44%)
Similar yields to TGT
- PLD — Prologis dividend (3.05%)
- XEL — Xcel Energy dividend (3.04%)
- KDP — Keurig Dr Pepper Inc. dividend (3.07%)
- AEP — American Electric Power dividend (3.02%)
- DVY — iShares Select Dividend ETF dividend (3.08%)
- LNT — Alliant Energy Corporation dividend (3.08%)
Track TGT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.