Page title
Section title
- Dividend Yield
- 2.96%
- Payout Ratio
- 44.99%
- Dividend Amount Per Share
- $4.40
- Last Ex-Dividend Date
- Aug 21, 2024
TGT Dividend Safety
TGT paid out 44.99% of its $4B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
TGT's Dividend Payout Ratio of 44.99% is considered safe for the Consumer Defensive sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
TGT's Interest Coverage Ratio of 14.03 indicates strong financial health with easy coverage of interest expenses.
Income Quality
TGT shows excellent income quality with a ratio of 2.083. This indicates high-quality earnings and low risk of dividend cuts.
TGT Dividend Growth
Target Corporation(TGT) offers a dividend yield of 2.96% and pays $4.40 in dividends per share. Explore the historical dividend growth of TGT.
Dividend Stability
TGT has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
TGT's dividend payments have increased by 11.156% annually over the last 5 years.
Earnings Growth
TGT's earnings have shown moderate growth, growing by 4.751% annually over the last 5 years. Moderate growth indicates some stability but also potential uncertainty, suggesting that while dividends can continue, significant increases might be less likely.
TGT Dividend Yield Attractiveness
Target Corporation(TGT) provides a dividend yield of 2.96%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.44%
2.96%
3.02%
4.16%
Dividend Yield
TGT's dividend yield of 2.96% is considered good compared to the sector average of 4.163%, providing a strong safety margin for investors.
TGT Cash Flow
Over the past 12 months, TGT generated $107B in revenue, produced $5B in free cash flow, and distributed $2B in dividends.
Free Cash Flow Growth
TGT's free cash flow has decreased by -1.382% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
TGT Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Target Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.