Target (TGT) dividend history
Target paid $2.1B in dividends in fiscal 2026, about $4.51 per share.
Dividends per share grew 10.6% a year over 14 years, rising in each of the last 14 years.
That took 72% of free cash flow and 55% of net income.
At today's price the trailing yield is 2.90%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Target's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2026 | $4.51 | +1.7% | $2.1B | 72% | 55% |
| 2025 | $4.43 | +2.0% | $2.0B | 46% | 50% |
| 2024 | $4.35 | +10.0% | $2.0B | 53% | 49% |
| 2023 | $3.95 | +25.8% | $1.8B | — | 66% |
| 2022 | $3.14 | +18.2% | $1.5B | 30% | 22% |
| 2021 | $2.66 | +3.0% | $1.3B | 17% | 31% |
| 2020 | $2.58 | +3.0% | $1.3B | 33% | 41% |
| 2019 | $2.50 | +3.0% | $1.3B | 54% | 45% |
| 2018 | $2.43 | +5.1% | $1.3B | 30% | 46% |
| 2017 | $2.31 | +7.5% | $1.3B | 35% | 49% |
| 2016 | $2.15 | +14.3% | $1.4B | 30% | 40% |
| 2015 | $1.88 | +20.1% | $1.2B | 45% | — |
| 2014 | $1.57 | +19.6% | $1.0B | 22% | 51% |
| 2013 | $1.31 | +19.5% | $869M | 29% | 29% |
| 2012 | $1.10 | — | $750M | 70% | 26% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Target pay a dividend?
Target paid $2.1B in dividends in fiscal 2026, about $4.51 per share.
How fast has Target's dividend grown?
Dividends per share grew 10.6% a year over 14 years, rising in each of the last 14 years.
From Target's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.