The board of directors of Target Corporation (TGT) has declared a quarterly dividend of 62 cents per common share. The Target dividend is payable December 10, 2017 to shareholders of record at the close of business November 15, 2017. The 4th quarter Target dividend will be the company’s 201st consecutive dividend paid since October 1967 when the company became publicly held.

We have a Buy rating on the name, love the dividend yield of 4.2%, and have a $65 price target.

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