Key Points:
Target has increased its dividend for 55 consecutive years, with a 4.7% yield due to a 25% stock slide.
The company’s low payout ratio makes the dividend sustainable despite market challenges.
Net sales have declined for three years, with physical store sales down 4.2% this fiscal year.

King-sized Distributions:
Target is a Dividend King with 55 years of raised distributions.
The stock’s 4.7% yield is supported by a sustainable payout ratio of 61%.
Analysts expect Target’s earnings to grow next year, making it an attractive investment opportunity.

Should you buy stock in Target right now?
The Motley Fool’s Stock Advisor team recommends 10 other stocks over Target for better returns.
Stock Advisor’s total average return is 991%, outperforming the S&P 500 by a significant margin.
Investors are advised to consider other high-performing stocks for potential growth opportunities.

Read more at Nasdaq: 1 Reason I’m Never Selling Target Stock