Company: Target Corp. (TGT)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Target serves as the nationÕs sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. TargetÕs upscale and stylish image began to carry national merit in the 1990sÑa decade in which the brand saw its top line grow threefold to almost $30 billionÑand has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firmÕs vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base. -Morningstar.com-
Symbol: TGT
Recent Price: $134.43
Dividends: $4.48
Yield: 3.33%
Sector: Consumer Defensive
Industry: Discount Stores
Address & Company Phone #: 1000 Nicollet Mall Minneapolis MN 55403, 612-304-6073
Transfer Agent: Equiniti Group plc. 800-794-9871
Moody’s Rating: A2
Minimum & Maximum Investment: $50 – $100,000/year
Investment Dates: Every 7 days beginning varies
Shares to Qualify: 1 Share or $500
Fees: Div.: < 100 Sh. $0 > 100 Sh. 5 to $3+3¢/sh. Cash: $5+3¢/sh. Cert: $0! Sells: by Mail or Phone for $15+12¢/sh.
52 Week High & Low: $172.67, $102.93