The board of directors of Target Corporation has declared a quarterly dividend of 16 cents per common share. The dividend is payable September 10 to shareholders of record August 20, 2008.
The third quarter dividend will be the company's 164th consecutive dividend paid since October 1967 when the company became publicly held.
Target Corporation's retail segment includes large, general merchandise and food discount stores, and a fully integrated on-line business called Target.com.
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