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Target boosts quarterly dividend by 20 percent

Published 06/13/2012

Target Corp. said Wednesday that its board approved the increase of its quarterly dividend by 6 cents, or 20 percent, to 36 cents. The Minneapolis-based discount chain will pay the dividend on Sept. 10 to shareholders of record as of Aug. 15. Target Corp. has paid a dividend every quarter since going public in 1967.

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