Here's How Many Shares of Target You'd Need for $10,000 in Yearly Dividends

Target, a Dividend King with 50+ consecutive years of dividend increases, recently raised its quarterly dividend by 1.8% to $1.16 per share. With a 2.9% dividend yield, investors would need approximately 2,155 shares (over $344,000 investment) to generate $10,000 in annual dividends. While Target's yield exceeds the S&P 500's 1%, it remains below the 4%+ threshold for high-yield stocks. The article suggests investors should consider Target for both dividend income and capital appreciation potential rather than dividend yield alone.