Target Corporation (TGT) Dividend History
TGT next dividend
$1.16per share
Ex-dividend dateNov 10Tuesday, 2026
Payment dateDec 1Tuesday, 2026
Ex-dividend in 23 days. Shareholders who own TGT before the ex-dividend date receive this payment.
- 41 yearsof dividend increases
- 1983paying since
- Quarterly4 payments a year
- +11.0%5-year growth a year
- 3.01%forward yield
TGT dividend income calculator
- Dividend income a year
- $464
- Each payment
- $116
- Value of the shares
- $15,426
- Dividend yield
- 3.01%
At the latest close; forward annual dividend $4.64 per share, before tax.
TGT dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
TGT dividend safety
Payout ratio (earnings)54.8%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)72.4%
Stretched · of fiscal 2026 free cash flow
Dividend growth (5 years)+11.0%
Growing · a year on average
Years of increases41
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
TGT yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $90.84 | 5.11% | $4.58 | 5.0% |
| 3 years ago | $110.21 | 4.21% | $13.50 | 12.2% |
| 5 years ago | $253.65 | 1.83% | $21.62 | 8.5% |
| 10 years ago | $67.36 | 6.89% | $34.72 | 51.5% |
| 20 years ago | $58.19 | 7.97% | $47.24 | 81.2% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
TGT dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
TGT dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $4.52 | +1.8% | 4.62% | 4 |
| 2024 | $4.44 | +1.8% | 3.28% | 4 |
| 2023 | $4.36 | +10.1% | 3.06% | 4 |
| 2022 | $3.96 | +25.3% | 2.66% | 4 |
| 2021 | $3.16 | +17.9% | 1.37% | 4 |
| 2020 | $2.68 | +3.1% | 1.52% | 4 |
| 2019 | $2.60 | +3.2% | 2.03% | 4 |
| 2018 | $2.52 | +3.3% | 3.81% | 4 |
| 2017 | $2.44 | +5.2% | 3.74% | 4 |
| 2016 | $2.32 | +7.4% | 3.21% | 4 |
| 2015 | $2.16 | +13.7% | 2.97% | 4 |
| 2014 | $1.90 | +20.3% | 2.50% | 4 |
| 2013 | $1.58 | +19.7% | 2.50% | 4 |
| 2012 | $1.32 | +20.0% | 2.23% | 4 |
| 2011 | $1.10 | +31.0% | 2.15% | 4 |
| 2010 | $0.84 | +27.3% | 1.40% | 4 |
| 2009 | $0.66 | +10.0% | 1.36% | 4 |
| 2008 | $0.60 | +15.4% | 1.74% | 4 |
| 2007 | $0.52 | +18.2% | 1.04% | 4 |
| 2006 | $0.44 | — | 0.77% | 4 |
TGT dividend history
175 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-11-10 | 2026-12-01 | $1.16 | — | Quarterly |
| 2026-08-12 | 2026-09-01 | $1.16 | +1.8% | Quarterly |
| 2026-05-13 | 2026-06-01 | $1.14 | — | Quarterly |
| 2026-02-11 | 2026-03-01 | $1.14 | — | Quarterly |
| 2025-11-12 | 2025-12-01 | $1.14 | — | Quarterly |
| 2025-08-13 | 2025-09-01 | $1.14 | +1.8% | Quarterly |
| 2025-05-14 | 2025-06-01 | $1.12 | — | Quarterly |
| 2025-02-12 | 2025-03-01 | $1.12 | — | Quarterly |
| 2024-11-20 | 2024-12-10 | $1.12 | — | Quarterly |
| 2024-08-21 | 2024-09-10 | $1.12 | +1.8% | Quarterly |
| 2024-05-14 | 2024-06-10 | $1.10 | — | Quarterly |
| 2024-02-20 | 2024-03-10 | $1.10 | — | Quarterly |
| 2023-11-14 | 2023-12-10 | $1.10 | — | Quarterly |
| 2023-08-15 | 2023-09-10 | $1.10 | +1.9% | Quarterly |
| 2023-05-16 | 2023-06-10 | $1.08 | — | Quarterly |
| 2023-02-14 | 2023-03-10 | $1.08 | — | Quarterly |
Show all 175 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-11-15 | 2022-12-10 | $1.08 | — | Quarterly |
| 2022-08-16 | 2022-09-10 | $1.08 | +20.0% | Quarterly |
| 2022-05-17 | 2022-06-10 | $0.9 | — | Quarterly |
| 2022-02-15 | 2022-03-10 | $0.9 | — | Quarterly |
| 2021-11-16 | 2021-12-10 | $0.9 | — | Quarterly |
| 2021-08-17 | 2021-09-10 | $0.9 | +32.4% | Quarterly |
| 2021-05-18 | 2021-06-10 | $0.68 | — | Quarterly |
| 2021-02-16 | 2021-03-10 | $0.68 | — | Quarterly |
| 2020-11-17 | 2020-12-10 | $0.68 | — | Quarterly |
| 2020-08-18 | 2020-09-10 | $0.68 | +3.0% | Quarterly |
| 2020-05-19 | 2020-06-10 | $0.66 | — | Quarterly |
| 2020-02-18 | 2020-03-10 | $0.66 | — | Quarterly |
| 2019-11-19 | 2019-12-10 | $0.66 | — | Quarterly |
| 2019-08-20 | 2019-09-10 | $0.66 | +3.1% | Quarterly |
| 2019-05-14 | 2019-06-10 | $0.64 | — | Quarterly |
| 2019-02-19 | 2019-03-10 | $0.64 | — | Quarterly |
| 2018-11-20 | 2018-12-10 | $0.64 | — | Quarterly |
| 2018-08-14 | 2018-09-10 | $0.64 | +3.2% | Quarterly |
| 2018-05-15 | 2018-06-10 | $0.62 | — | Quarterly |
| 2018-02-20 | 2018-03-10 | $0.62 | — | Quarterly |
| 2017-11-14 | 2017-12-10 | $0.62 | — | Quarterly |
| 2017-08-14 | 2017-09-10 | $0.62 | +3.3% | Quarterly |
| 2017-05-15 | 2017-06-10 | $0.6 | — | Quarterly |
| 2017-02-13 | 2017-03-10 | $0.6 | — | Quarterly |
| 2016-11-14 | 2016-12-10 | $0.6 | — | Quarterly |
| 2016-08-15 | 2016-09-10 | $0.6 | +7.1% | Quarterly |
| 2016-05-16 | 2016-06-10 | $0.56 | — | Quarterly |
| 2016-02-12 | 2016-03-10 | $0.56 | — | Quarterly |
| 2015-11-16 | 2015-12-10 | $0.56 | — | Quarterly |
| 2015-08-17 | 2015-09-10 | $0.56 | +7.7% | Quarterly |
| 2015-05-18 | 2015-06-10 | $0.52 | — | Quarterly |
| 2015-02-13 | 2015-03-10 | $0.52 | — | Quarterly |
| 2014-11-17 | 2014-12-10 | $0.52 | — | Quarterly |
| 2014-08-18 | 2014-09-10 | $0.52 | +20.9% | Quarterly |
| 2014-05-19 | 2014-06-10 | $0.43 | — | Quarterly |
| 2014-02-14 | 2014-03-10 | $0.43 | — | Quarterly |
| 2013-11-18 | 2013-12-10 | $0.43 | — | Quarterly |
| 2013-08-19 | 2013-09-10 | $0.43 | +19.4% | Quarterly |
| 2013-05-13 | 2013-06-10 | $0.36 | — | Quarterly |
| 2013-02-15 | 2013-03-10 | $0.36 | — | Quarterly |
| 2012-11-19 | 2012-12-10 | $0.36 | — | Quarterly |
| 2012-08-13 | 2012-09-10 | $0.36 | +20.0% | Quarterly |
| 2012-05-14 | 2012-06-10 | $0.3 | — | Quarterly |
| 2012-02-13 | 2012-03-10 | $0.3 | — | Quarterly |
| 2011-11-14 | 2011-12-10 | $0.3 | — | Quarterly |
| 2011-08-16 | 2011-09-10 | $0.3 | +20.0% | Quarterly |
| 2011-05-16 | 2011-06-10 | $0.25 | — | Quarterly |
| 2011-02-14 | 2011-03-10 | $0.25 | — | Quarterly |
| 2010-11-17 | 2010-12-10 | $0.25 | — | Quarterly |
| 2010-08-18 | 2010-09-10 | $0.25 | +47.1% | Quarterly |
| 2010-05-18 | 2010-06-10 | $0.17 | — | Quarterly |
| 2010-02-17 | 2010-03-10 | $0.17 | — | Quarterly |
| 2009-11-18 | 2009-12-10 | $0.17 | — | Quarterly |
| 2009-08-18 | 2009-09-10 | $0.17 | +6.2% | Quarterly |
| 2009-05-18 | 2009-06-10 | $0.16 | — | Quarterly |
| 2009-02-18 | 2009-03-10 | $0.16 | — | Quarterly |
| 2008-11-18 | 2008-12-10 | $0.16 | — | Quarterly |
| 2008-08-18 | 2008-09-10 | $0.16 | +14.3% | Quarterly |
| 2008-05-16 | 2008-06-10 | $0.14 | — | Quarterly |
| 2008-02-15 | 2008-03-10 | $0.14 | — | Quarterly |
| 2007-11-16 | 2007-12-10 | $0.14 | — | Quarterly |
| 2007-08-16 | 2007-09-10 | $0.14 | +16.7% | Quarterly |
| 2007-05-16 | 2007-06-10 | $0.12 | — | Quarterly |
| 2007-02-15 | 2007-03-10 | $0.12 | — | Quarterly |
| 2006-11-16 | 2006-12-10 | $0.12 | — | Quarterly |
| 2006-08-16 | 2006-09-10 | $0.12 | +20.0% | Quarterly |
| 2006-05-17 | 2006-06-10 | $0.1 | — | Quarterly |
| 2006-02-15 | 2006-03-10 | $0.1 | — | Quarterly |
| 2005-11-16 | 2005-12-10 | $0.1 | — | Quarterly |
| 2005-08-17 | 2005-09-10 | $0.1 | +25.0% | Quarterly |
| 2005-05-18 | 2005-06-10 | $0.08 | — | Quarterly |
| 2005-02-16 | 2005-03-10 | $0.08 | — | Quarterly |
| 2004-11-17 | 2004-12-10 | $0.08 | — | Quarterly |
| 2004-08-18 | 2004-09-10 | $0.08 | +14.3% | Quarterly |
| 2004-05-18 | 2004-06-10 | $0.07 | — | Quarterly |
| 2004-02-18 | 2004-03-10 | $0.07 | — | Quarterly |
| 2003-11-18 | 2003-12-10 | $0.07 | — | Quarterly |
| 2003-08-18 | 2003-09-10 | $0.07 | +16.7% | Quarterly |
| 2003-05-16 | 2003-06-10 | $0.06 | — | Quarterly |
| 2003-02-18 | 2003-03-10 | $0.06 | — | Quarterly |
| 2002-11-18 | 2002-12-10 | $0.06 | — | Quarterly |
| 2002-08-16 | 2002-09-10 | $0.06 | — | Quarterly |
| 2002-05-16 | 2002-06-10 | $0.06 | — | Quarterly |
| 2002-02-15 | 2002-03-10 | $0.06 | +9.1% | Quarterly |
| 2001-11-16 | 2001-12-10 | $0.055 | — | Quarterly |
| 2001-08-16 | 2001-09-10 | $0.055 | — | Quarterly |
| 2001-05-16 | 2001-06-10 | $0.055 | — | Quarterly |
| 2001-02-15 | 2001-03-10 | $0.055 | — | Quarterly |
| 2000-11-16 | 2000-12-10 | $0.055 | — | Quarterly |
| 2000-08-16 | 2000-09-10 | $0.055 | +10.0% | Quarterly |
| 2000-05-17 | 2000-06-10 | $0.05 | — | Quarterly |
| 2000-02-16 | 2000-03-10 | $0.05 | — | |
| 1999-11-17 | 1999-12-10 | $0.05 | — | |
| 1999-08-18 | 1999-09-10 | $0.05 | — | |
| 1999-05-18 | 1999-06-10 | $0.05 | — | |
| 1999-02-17 | 1999-03-10 | $0.05 | +11.1% | |
| 1998-11-18 | 1998-12-10 | $0.045 | — | |
| 1998-08-18 | 1998-09-10 | $0.045 | — | |
| 1998-05-18 | 1998-06-10 | $0.045 | — | |
| 1998-02-18 | 1998-03-10 | $0.045 | — | |
| 1997-11-18 | 1997-12-10 | $0.045 | +12.5% | |
| 1997-08-18 | 1997-09-10 | $0.04 | — | |
| 1997-05-16 | 1997-06-10 | $0.04 | — | |
| 1997-02-18 | 1997-03-10 | $0.04 | — | |
| 1996-11-18 | 1996-12-10 | $0.04 | — | |
| 1996-08-16 | 1996-09-10 | $0.04 | +9.1% | |
| 1996-05-16 | 1996-06-10 | $0.0367 | — | |
| 1996-02-15 | 1996-03-10 | $0.0367 | — | |
| 1995-11-16 | 1995-12-10 | $0.0367 | — | |
| 1995-08-16 | 1995-09-10 | $0.0367 | — | |
| 1995-05-15 | 1995-06-10 | $0.0367 | +4.8% | |
| 1995-02-13 | 1995-03-10 | $0.035 | — | |
| 1994-11-14 | 1994-12-10 | $0.035 | — | |
| 1994-08-15 | 1994-09-10 | $0.035 | — | |
| 1994-05-16 | 1994-06-10 | $0.035 | — | |
| 1994-02-14 | 1994-03-10 | $0.035 | +5.0% | |
| 1993-11-15 | 1993-12-10 | $0.0333 | — | |
| 1993-08-16 | 1993-09-10 | $0.0333 | — | |
| 1993-05-14 | 1993-06-10 | $0.0333 | — | |
| 1993-02-12 | 1993-03-10 | $0.0333 | +5.2% | |
| 1992-11-16 | 1992-12-10 | $0.0317 | — | |
| 1992-08-14 | 1992-09-10 | $0.0317 | — | |
| 1992-05-14 | 1992-06-10 | $0.0317 | — | |
| 1992-02-13 | 1992-03-10 | $0.0317 | +5.6% | |
| 1991-11-14 | 1991-12-10 | $0.03 | — | |
| 1991-08-14 | 1991-09-10 | $0.03 | — | |
| 1991-05-14 | 1991-06-10 | $0.03 | — | |
| 1991-02-13 | 1991-03-08 | $0.03 | +9.1% | |
| 1990-11-14 | 1990-12-10 | $0.0275 | — | |
| 1990-08-14 | 1990-09-10 | $0.0275 | — | |
| 1990-05-14 | 1990-06-08 | $0.0275 | — | |
| 1990-02-13 | 1990-03-09 | $0.0275 | +17.9% | |
| 1989-11-14 | 1989-12-08 | $0.0233 | — | |
| 1989-08-14 | 1989-09-08 | $0.0233 | — | |
| 1989-05-15 | 1989-06-09 | $0.0233 | — | |
| 1989-02-13 | 1989-03-10 | $0.0233 | +9.8% | |
| 1988-11-14 | 1988-12-10 | $0.0213 | — | |
| 1988-08-15 | 1988-09-10 | $0.0213 | — | |
| 1988-05-16 | 1988-06-10 | $0.0213 | — | |
| 1988-02-12 | 1988-03-10 | $0.0213 | +10.9% | |
| 1987-11-16 | 1987-12-10 | $0.0192 | — | |
| 1987-08-14 | 1987-09-10 | $0.0192 | — | |
| 1987-05-14 | 1987-06-10 | $0.0192 | — | |
| 1987-02-13 | 1987-03-10 | $0.0192 | +9.5% | |
| 1986-11-14 | — | $0.0175 | — | |
| 1986-08-14 | — | $0.0175 | — | |
| 1986-05-14 | — | $0.0175 | — | |
| 1986-02-19 | — | $0.0175 | +2.5% | |
| 1985-11-14 | — | $0.0171 | +10.8% | |
| 1985-08-14 | — | $0.0154 | — | |
| 1985-05-14 | — | $0.0154 | — | |
| 1985-02-13 | — | $0.0154 | — | |
| 1984-11-14 | — | $0.0154 | +13.5% | |
| 1984-08-14 | — | $0.0136 | +0.6% | |
| 1984-05-14 | — | $0.0135 | — | |
| 1984-02-10 | — | $0.0135 | — | |
| 1983-11-14 | — | $0.0135 | +8.0% | |
| 1983-08-15 | — | $0.0125 | — | |
| 1983-05-16 | — | $0.0125 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
TGT stock split history
- 2:1July 20, 2000
- 2:1May 1, 1998
- 959692:319897July 18, 1996
TGT dividend overview
Target pays an annual dividend of $4.64 per share, a yield of 3.01% at the latest close, paid quarterly. It paid $4.52 per share in 2025, up 1.8% from 2024. It has raised its dividend for 41 consecutive years. Over five years the dividend grew 11.0% a year on average and over ten years 7.7% a year. The payout ratio is 54.8% of trailing earnings.
Related: TGT cash flow statement, TGT key metrics, TGT chart. See the TGT stock overview for the latest quote and news.
TGT dividends FAQ
Does Target pay a dividend?
Yes. Target has paid a regular dividend since 1983, quarterly, most recently $1.16 per share with an ex-dividend date of November 10, 2026.
What is Target's dividend yield?
Target's forward annual dividend is $4.64 per share, a dividend yield of 3.01% at the latest close of $154.26.
When is Target's next dividend?
Target's next dividend of $1.16 per share goes ex-dividend on November 10, 2026 and is paid on December 1, 2026. Shareholders who own the stock before the ex-dividend date receive it.
How often does Target pay dividends?
Target pays dividends quarterly.
How fast is Target's dividend growing?
Target's dividend per share grew from $2.68 in 2020 to $4.52 in 2025, 11.0% a year on average over five years; it has increased for 41 years in a row.
What is Target's dividend payout ratio?
Target pays out 54.8% of its trailing earnings as dividends and 72.4% of its free cash flow (fiscal 2026).
Has Target split its stock?
Target has split its stock 3 times: 2:1 on July 20, 2000, 2:1 on May 1, 1998, 959692:319897 on July 18, 1996. Dividends per share on this page are adjusted for splits.