Target Corporation Increases Regular Quarterly Dividend By 20 Percent

MINNEAPOLIS--()--The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 30 cents per common share. The dividend is payable September 10, 2011 to shareholders of record at the close of business August 18, 2011. The 3rd quarter dividend will be the company’s 176th consecutive dividend paid since October 1967 when the company became publicly held.

About Target

Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,755 stores in 49 states nationwide and at Target.com. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.

For more information, visit Target.com/Pressroom.

Contacts

Target Corporation
John Hulbert, Investors, 612-761-6627
or
Morgan O’Murray, Financial Media, 612-761-5818
or
Target Media Hotline, 612-696-3400

Contacts

Target Corporation
John Hulbert, Investors, 612-761-6627
or
Morgan O’Murray, Financial Media, 612-761-5818
or
Target Media Hotline, 612-696-3400