TGT Dividend Calculator
Calculate how much dividend income Target Corporation (TGT) could generate with reinvestment. Pre-loaded with TGT's current 3.37% yield and 7.4% dividend growth rate.
Dividend Yield: 3.37%
Annual Dividend: $4.56 per share
Share Price: $135.13
Payout Ratio: 59.7%
TGT DRIP Calculator
Model TGT dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 7.4% per year
Frequently Asked Questions
- What is TGT's current dividend yield?
- TGT (Target Corporation) currently has a dividend yield of 3.37%. This means for every $10,000 invested, you would receive approximately $337 per year in dividend income before taxes.
- How much TGT do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from TGT at its current yield of 3.37%, you would need approximately $356,083 invested. With dividend reinvestment and growth, you may need less over time.
- Does TGT pay monthly dividends?
- No, TGT pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is TGT's dividend safe?
- TGT's payout ratio is 59.7%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is TGT's dividend growth rate?
- TGT's 5-year dividend compound annual growth rate (CAGR) is approximately 7.4% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the TGT dividend page.