Thursday, April 12, 2012

Dividend Growth Analysis: Target (TGT)

Sorry, it's been a month since I put together a stock analysis.  I told my mom I'd do an analysis of Target awhile back, better late than never I guess.

Target is another company we should all know well.  What you probably don't know is that Target has been a phenomenal dividend growth stock for over 40 years.  The company is dedicated to rewarding their shareholders with increasing dividend payments each year and has recently projected what they believe they will be paying by year 2017.  A projection that is more than double what they are paying now ($1.20 now vs $3.00 in 2017).  That takes some cojones by management, but so far they appear to be on track.  So here you go mom, sorry it took so long: Target Dividend Analysis

Tags: [TGT]

No comments:

Post a Comment