Target Declares 2nd Quarter 2009 Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Mar. 12, 2009-- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 16 cents per common share. The dividend is payable June 10 to shareholders of record May 20, 2009. The second quarter dividend will be the company’s 167th consecutive dividend paid since October 1967 when the company became publicly held.