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Target Corporation Announces 7.7 Percent Dividend Increase and $5 Billion Expansion of Share Repurchase Authorization

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MINNEAPOLIS--(BUSINESS WIRE)--The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 56 cents per common share, a 7.7 percent increase from the prior quarterly dividend of 52 cents. The dividend is payable Sept. 10, 2015, to shareholders of record at the close of business Aug. 19, 2015. The third quarter dividend will be the company’s 192nd consecutive dividend paid since October 1967, when the company became publicly held. With the increase announced today

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