Board of directors of minneapolis based largest retailer Target Corporation has declared a quarterly dividend of 10 cents per common share.
The dividend is payable March 10, 2006 to shareholders of record February 20, 2006. The first quarter dividend will be the company's 154th consecutive dividend paid since October 1967, when the company became publicly held.
Target Corporation operates Target Stores, a chain of large, general merchandise discount stores, as well as an on-line business called Target.com. The company currently operates 1,397 Target stores in 47 states.