Target Corporation has confirmed a regular quarterly dividend of $1.14 per common share, reinforcing the US retailer’s long-running shareholder return programme as it enters 2026.
The dividend was approved by Target’s board on 22 January and will be paid on 1 March 2026 to shareholders on record as of 11 February.
The upcoming payment marks Target’s 234th consecutive dividend distribution since the company became publicly listed in October 1967. The long payout streak places the retailer among a small group of US companies with uninterrupted dividend histories spanning more than five decades.
For investors and retail sector watchers, the announcement signals continued confidence in Target’s cash generation and balance sheet position. Dividend stability is often viewed as a key indicator of operating resilience, particularly in periods of ongoing consumer spending pressure and cost inflation across food, logistics and labour.
Target operates nearly 2,000 stores across the United States and maintains a strong grocery presence alongside its general merchandise business. Food and beverage remains a core traffic driver for the retailer, supporting store footfall and cross-category sales across private label, household essentials and seasonal ranges.
The dividend decision also reflects broader trends in the US FMCG and supermarket sector, where large retailers continue to balance capital investment with shareholder returns. Several major chains have maintained dividend policies despite margin pressure linked to supply chain costs and price competition.
Target has not announced any change to its long-term capital allocation strategy alongside the dividend declaration. The company typically combines shareholder payouts with store investment, digital infrastructure upgrades and supply chain modernisation.
Industry analysts continue to monitor how US retailers manage capital priorities in 2026 as consumer demand stabilises and promotional intensity remains high across grocery and everyday essentials.
Ending
The $1.14 per share dividend will be distributed on 1 March 2026, with eligibility based on shareholder records as of 11 February, keeping Target’s multi-decade dividend record intact.
Editor’s Note: This article is based on Target Corporation’s official investor announcement released on 22 January 2026.
