Target Corporation (NYSE:TGT) is one of the best stocks for a retirement stock portfolio.
On June 12, the company’s board of directors approved a quarterly dividend of $1.14 per share, marking a 1.8% increase from the previous dividend of $1.12 per share.
A woman purchasing groceries at a Target store, with a cart full of products.
This dividend will be paid on September 1, 2025, to shareholders who are on record as of the close of business on August 13, 2025. This upcoming payment will be Target’s 232nd consecutive dividend since the company went public in October 1967.
With this latest increase, Target Corporation (NYSE:TGT) has achieved its 54th straight year of annual dividend growth in 2025.
As of June 13, TGT has a dividend yield of 4.78%.
Target Corporation (NYSE:TGT) operates close to 2,000 stores along with its online platform, Target.com, with a mission to bring everyday joy to families. Since 1946, the company has dedicated 5% of its profits to support communities, an amount that now adds up to millions of dollars each week.
While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure. None.
