(08-13-2013, 12:23 PM)TomK Wrote: Great write-up, Kerim. Thanks. When I see dividend growth like that I am always skeptical that it can continue for much longer. Does anyone know the 10 year dividend growth rate?
But even if they only grow the dividend by half as much each year (say, 10%), the returns should be solid. But I think what convinces me is that in addition to the solid fundamentals, Target appears to be laying a good foundation for future prosperity as well. I'm going to grab a few shares.
Tom
10 year dividend CAGR for Target is 18.6%.
http://www.tessellation.com/dividends/TGT.html