Thursday, June 13, 2019

Dividend Increase – Target Corporation (NYSE:TGT)



Today June 13, the Board of Directors of Target Corporation announced a quarterly dividend increase of from $ 0.64 to $ 0.66 per ordinary share that’s payable September 10, 2019 to holders of record August 21, 2019. This represents a 3.13% increase to regular quarterly dividends.

The 3rd quarter dividend will be the company's 208th consecutive dividend paid since October 1967 when the company became publicly held.  With the increase announced today, 2019 is expected to be the 48th consecutive year in which Target has increased its annual dividend.

With current price $ 88.46 (today's open), this raise brings their dividend yield to 2.98 %.



Since I own 115 shares of TGT, this will increase my portfolio's projected annual net dividend income by $ 6.85.

This increase raises my YOC to 4.49%.

Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase
No.
Ticker
Increase %
Net Increase
Net Increase



$



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88
7
 TELIA1
2.61% 
13.00 
14.82 
8
NCC
-50.00%
-86.22
-98.61
9
CVX
6.25%
10.90
12.52
10
UPM
13.04%
122.93
140.95
11
GILD
10.53%
5.47
6.26
12
ADM
4.48%
3.33
3.80
13
MMM
5.88%
1.25
1.43
14
BIP
6.91%
0,77
0,87
15
NESTE
34.12%
172.84
196.45
16
ORNBV
3.45%
11.17
12.70
17
KESKOB
6.36%
10.43
11.85
18
SAMPO
9.62%
28.86
32.77
19
TSX:BCE
4.97%
7.79
8.84
20
TEL2
10.00%
6.42
7.24
21
TROW
8.57%
8.72
9.83
22
SKT
1.43%
1.98
2.24
23
CSCO
6.06%
9.76
11.03
24
PEP
2.96%
7.25
8.19
25
KO
2,56%
3.94
4.47
26
KHC
-36.00%
-59.14
-67.05
27
DLR
6.93%
22.08
25.03
28
MGA
10.61%
4.60
5.22
29
TSX:RY
4.08%
9.60
10.89
30
TSX:BNS
2.35%
6.16
7.02
31
ETN
7.58%
3.93
4.47
32
MAIN
2.56%
3.93
4.47
33
TSX:CM
2.94%
1.19
1.36
34
TSX:TD
10.45%
25.07
28.51
35
O
0.22%
0.34
0.38
36
WPC
0.19%
0.37
0.42
37
WSM
11.63%
5.87
6.71
38
KMI
25.00%
26.38
29.80
39
UNA:AS
5.99%
5.53
6.21
40
OKE
0.58%
0.66
0.75
41
LAZ
6.82%
8.01
8.94
42
JNJ
5.56%
8.03
8.94
43
MAIN
2.50%
1.73
1.94
44
BAX
15.79%
4.80
5.36
45
CAH
1.01%
0.73
0.82
46
TSX:T
3.21%
6.21
6.96
47
AQN
9.98%
17.04
19.07
48
FLO
5.56%
4.96
5.51
49
O
0.22%
0.34
0.38
50
TGT
3.13%
6.08
6.85

TOTAL






€458.16
$551.42

Increases have been reported by deducting a 25.5% capital income tax.




Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long TGT

Thanks for stopping by!

1 comment:

  1. Hawk -

    Knew it was coming in at 2 cents! Almost at the 50 year consecutive mark, excited.

    -Lanny

    ReplyDelete

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