Target's Dividend Has Survived 8 Recessions. Here's What $10,000 Earns in Dividend Income Yearly.
The retailer is paying a generous dividend, and it should be even higher next year.
Overview
A lot has happened since Target (NYSE: TGT) started paying quarterly dividends near the end of 1967. The country has experienced eight recessions, lasting as little as two months to as long as 18 months. The checks keep coming, and Target has boosted its payout rate for 55 consecutive years.
Can it keep the quarterly distributions coming? How much can you collect in dividend income annually with a $10,000 investment? It's time to take a closer look at what a stake in the mass market retailer can do for you -- and your pocketbook.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.