MINNEAPOLIS, March 11 /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 June 10, 2004 to shareholders of
record May 20, 2004. The second quarter dividend will be the company's 147th
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 1,577 stores in 47 states. This
includes 1,249 Target stores, 266 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, +1-312-781-2979, both of Target Corporation
