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Target raises quarterly dividend
NEW YORK (AP) — Target Corp. says it is raising its quarterly dividend by 5 cents to 30 cents, a 20 percent increase.
The retailer's announcement comes ahead of its annual shareholders meeting Wednesday.
The dividend is payable Sep. 1 to shareholders of record Aug. 18.
Target, based in Minneapolis, operates 1,752 Target stores in 49 states.
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