Will Target Raise Its Dividend in 2020?
The retail industry has gone through a lot of turmoil in recent years, and investors have been left scratching their heads trying to figure out how some of the most powerful retailers in the 20th century suddenly found themselves having lost their way and were unable to adapt to changing times. Target (NYSE: TGT) has been quicker to identify the need to adapt to the new e-commerce world than some of its competitors, but it still hasn't been easy for the company to figure out the best way forward.
Target has been a stalwart for dividend investors for decades, with shareholders having enjoyed the higher payouts that the retailer has been able to make. Yet with new challenges facing Target, some wonder whether it can keep increasing its dividends. With that in mind, let's look a little more closely at Target and whether it can boost its dividend in 2020.
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Source Fool.com
