Why Target Is a Great Dividend Stock
Target (NYSE: TGT) isn't known as a dividend stock, but maybe it should be. The company is growing again and once it gets past last year's inventory issues, the company's earnings should be back on track. Travis Hoium covers why he likes the stock in this video.
*Stock prices used were end-of-day prices of July 18, 2023. The video was published on July 19, 2023.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com and Target. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
