MINNEAPOLIS, June 12 /PRNewswire-FirstCall/ -- The board of directors of
Target Corporation (NYSE: TGT) has declared a quarterly dividend of 7 cents
per common share. The dividend is payable September 10, 2003 to shareholders
of record August 20, 2003. The third quarter dividend will be the company's
144th consecutive dividend paid since October 1967, when the company became
publicly held.
Target Corporation operates large-store general merchandise formats,
including discount stores, moderate-priced promotional and traditional
department stores, as well as a direct mail and on-line business called
target.direct. The company currently operates 1,494 stores in 47 states.
This includes 1,167 Target stores, 265 Mervyn's stores and 62 Marshall
Field's.
Target Corporation news releases are available at www.target.com or
www.prnewswire.com .
SOURCE Target Corporation
/CONTACT: Investor, Susan Kahn, +1-612-761-6735, or financial media,
Cathy Wright, +1-612-761-6627, both of Target Corporation/
/Web site: http://www.prnewswire.com http://www.target.com /
(TGT)
