Target Corporation (TGT) operates general merchandise stores in the United States. The company is a dividend champion, which has paid dividends since 1965 and increased them for 46 years in a row.
The company’s last dividend increase was in June 2013 when the Board of Directors approved a 19% increase to 43 cents/share. The company’s largest competitors include Wal-Mart Stores (WMT), Dollar Tree (DLTR) and Costco (COST).
Over the past decade this dividend growth stock has delivered an annualized total return of 7.60% to its shareholders.