Target Corporation ( TGT ) will begin trading ex-dividend on August 18, 2014. A cash dividend payment of $0.52 per share is scheduled to be paid on September 10, 2014. Shareholders who purchased TGT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20.93% increase over the prior quarter. At the current stock price of $58.74, the dividend yield is 3.54%.
The previous trading day's last sale of TGT was $58.74, representing a -15.48% decrease from the 52 week high of $69.50 and a 7.46% increase over the 52 week low of $54.66.
TGT is a part of the Consumer Services sector, which includes companies such as Wal-Mart Stores, Inc. ( WMT ) and Costco Wholesale Corporation ( COST ). TGT's current earnings per share, an indicator of a company's profitability, is $2.96. Zacks Investment Research reports TGT's forecasted earnings growth in 2015 as -20.51%, compared to an industry average of 7.4%.
Interested in gaining exposure to TGT through an Exchange Traded Fund [ETF]?
The following ETF(s) have TGT as a top-10 holding:
- Merrill Lynch Retail HOLDRS ( RTH )
- iShares iBonds Mar 2018 Corporate ex-Financials Term ETF ( IBCC )
- PowerShares Fundamental Pure Large Value Portfolio ( PXLV )
- PowerShares Dividend Achievers ( PFM )
- PowerShares Fundamental Investment Grade Corporate Bond Portfo ( PFIG ).
The top-performing ETF of this group is PFM with an increase of 5.12% over the last 100 days. RTH has the highest percent weighting of TGT at 4.61%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.