Target: A Dividend’s Delight in a Downturn

First, the dividend yield-4.2%-a figure that would make even the most jaded investor swoon. Compare this to the S&P 500’s meagre 1.2%, and one might conclude that Target has been placed on the sale rack with the flair of a seasoned shopkeeper. Traditional metrics, too, suggest a bargain: price-to-sales, price-to-earnings, and price-to-book ratios all languish below their five-year averages. To be fair, the second quarter of 2025 saw sales and earnings dip, but let us not forget that even the most stately of empires have their off-years.








