Is Target a Great Dividend Stock?
Target (NYSE: TGT) is a household name. But merely being easily recognized as a retailing giant doesn't make a company a strong dividend stock. What determines dividend greatness? While the criteria are somewhat subjective, for me a great dividend-dealing company has to have the cash flow to support continued payments.
After meeting this threshold, a company also has to have the ability to consistently raise dividends. That produces an ever-increasing income stream as the years pass.
Using that criteria, let's zero in on Target and its financial operations and outlook to determine if it makes the grade as a great dividend stock.
Source Fool.com
