WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

Target Increases Dividend By 19.4 Percent

View Comments
(credit: Justin Sullivan/Getty Images)

(credit: Justin Sullivan/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. 4 Things To Know From 09/01
  2. Patty Wetterling Asks Son's Abductor 5 Questions
  3. Vacuum Salesman Eats Pasta From Subway Floor
  4. Bar Abilene In Uptown Closes
  5. Viral Vid Of The Day: Stuffed Dog Scares Real Dogs

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 This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,823 other followers