The Fed Just Lowered Interest Rates. My Top Dividend King Stock to Buy Now.
Target(TGT) The Motley Fool·2024-09-30 16:15
Target is a great value and pays a steadily growing dividend.Target (TGT -0.51%) investors have had a lot to cheer about lately, with the stock up more than 50% since hitting a multi-year low last October. There's reason to believe that lower interest rates could help propel it even higher.Even if the rally stalls, Target will reward investors with a steady stream of passive income. Target is a Dividend King with over 50 consecutive years of dividend raises. The stock currently yields 2.9% -- well above the ...