Target Corporation (NYSE:TGT) announced its quarterly dividend of 36 cents per share, an increase of about 20% over its prior dividend in May of 30 cents. The dividend is payable on September 10 to shareholders of record as of August 15. Target has paid 180 consecutive dividends since it went public in 1967.
Shares are higher by about half of one percent.
In other dividend news, Philip Morris International Incorporated (NYSE:PM) maintained its quarterly dividend of 77 cents per share. Sempra Energy (NYSE:SRE) maintained its quarterly dividend of 60 cents per share. Applied Materials Incorporated (NASDAQ:AMAT) maintained its quarterly dividend of 9 cents per share.
Among dividend increases, Caterpillar Incorporated (NYSE:CAT) announced its quarterly dividend of 52 cents per share, an increase of about 13% over its prior dividend in April of 46 cents.
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