The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 30 cents per common share. The dividend is payable June 10, 2012 to shareholders of record at the close of business May 16, 2012. The 2nd quarter dividend will be the company’s 179th consecutive dividend paid since October 1967 when the company became publicly held.
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,765 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood