TGT (Target) Dividend Payout Ratio : 0.43 (As of Jul. 2024)

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What is Target Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Target's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.43.

The historical rank and industry rank for Target's Dividend Payout Ratio or its related term are showing as below:

TGT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.46 Max: 0.66
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Target was 0.66. The lowest was 0.23. And the median was 0.46.

TGT's Dividend Payout Ratio is ranked worse than
60.56% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.35 vs TGT: 0.45

As of today (2024-10-31), the Dividend Yield % of Target is 2.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Target was 4.65%. The lowest was 1.03%. And the median was 2.73%.

Target's Dividends per Share for the months ended in Jul. 2024 was $1.10.

During the past 12 months, Target's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Target was 26.00% per year. The lowest was 3.20% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Target Dividend Payout Ratio Historical Data

The historical data trend for Target's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Target Dividend Payout Ratio Chart

Target Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Dividend Payout Ratio

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0.41

0.29

0.23

0.66

0.49

Target Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.60	0.52	0.37	0.54	0.43

Competitive Comparison of Target's Dividend Payout Ratio

For the Discount Stores subindustry, Target's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Target's Dividend Payout Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Target's Dividend Payout Ratio falls into.

Target Dividend Payout Ratio Calculation

Target's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	4.36	/	8.94
	=	0.49

Target's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jul. 2024 )	/	EPS without NRI (Q: Jul. 2024 )
	=	1.1	/	2.57
	=	0.43

Target (NYSE:TGT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Target Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Target's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Target Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Target Corp (NYSE:TGT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TGT:Peru TGT:Mexico 1TGT:Italy 0LD8:UK DYH:Germany DYH:Germany DYH:Germany TGT:Chile TGTB34:Brazil TGTC:Austria TGT:Argentina

Address

1000 Nicollet Mall, Minneapolis, MN, USA, 55403

Website

https://corporate.target.com

Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Executives

Matthew A Liegel	officer: Chief Accounting Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Brian C Cornell	director, officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Don H Liu	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Christina Hennington	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Melissa K Kremer	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Cara A Sylvester	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Matthew L Zabel	officer: Executive Officer	1000 NICOLLET MALL, TPS-3155, MINNEAPOLIS MN 55403
Michael J Fiddelke	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
John J Mulligan	officer: Executive Officer	1000 NICOLLET MALL, TPS-2672, MINNEAPOLIS MN 55403
Grace Puma Whiteford	director	C/O WILLIAM SONOMA, INC., 3250 VAN NESS AVENUE, SAN FRANCISCO CA 94109
Jill Sando	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Katie M Boylan	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Robert M Harrison	officer: Chief Accounting Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Richard H. Gomez	officer: Executive Officer	1000 NICOLLET MALL, MINNEAPOLIS MN 55403
Gail Boudreaux	director	GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142