Part 3/9:
Before delving deeper into the earnings report, let's first explore Target’s dividend metrics. Following the recent selloff, Target's starting dividend yield has risen to 3.44%. Over the last decade, the company has exhibited a solid dividend growth rate, boasting a 10-year compound annual growth rate (CAGR) of 8.86%, and a more recent 5-year CAGR of 11.3%. However, recent dividend hikes have failed to impress some investors, raising concerns that dividend growth might slow down.