20 Great Dividend Paying Stocks
#14 Target (TGT)
Dividend Yield: 4.4%
For investors who believe in investing in a company that they use, Target is an attractive dividend paying stock. With an overall dividend yield of 4.4%, the company is on a 49 year dividend growth streak. The discount retail company opened their first store in 1962, and there are more than 1,800 Target locations spread throughout the country. With the scale of the company, Target is able to compete for more favorable supply contracts with their buyers, and it offers a wide range of merchandise compared to smaller stores. Despite many brick-and-mortar stores facing a number of challenges in the age of “Amazon” Target continues to go strong and is also placing significant investment into its Online business for future growth.
