Thursday, June 28, 2018

Target Corporation (TGT) Dividend Increase Announced on June 12, 2018



Target Corporation (TGT) barely raised its dividend again in mid-June.  As a result, my next dividend payment will be 15% higher than my first payment because of the two dividend increases and the eight dividend reinvestments.   On an annualized basis, that payment has grown at a 7% rate.

While TGT dividend payments have gone up over the last two years, the value of the shares has also gone up.

I have considered selling the TGT shares I own in this portfolio, but so far have kept it.  However, I did sell some other shares I owned in another portfolio earlier this year.  TGT might not stay in the nP portfolio until I retire if the dividend increases remain low over time.


Dividend Payment Growth Since Purchase15%
Annualized Dividend Payment Growth7%
1-year Payment Growth7%
2-year Annualized Payment Growth7%

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