Down 30% in 2025, Is This Dividend King a No-Brainer Stock to Buy Now?
Target (NYSE: TGT) is down 30.2% year-to-date at the time of this writing. The sell-off is brutal, considering shares of the retail giant fell 9.3% between the start of 2023 and the end of 2024 -- a two-year period in which the S&P 500 (SNPINDEX: ^GSPC) gained 53.2%.But value investors looking at Target's 53 consecutive years of dividend raises and 4.7% yield may be wondering if the Dividend King stock is worth buying on the dip.Continue reading
Target (NYSE: TGT) is down 30.2% year-to-date at the time of this writing. The sell-off is brutal, considering shares of the retail giant fell 9.3% between the start of 2023 and the end of 2024 -- a two-year period in which the S&P 500 (SNPINDEX: ^GSPC) gained 53.2%.
But value investors looking at Target's 53 consecutive years of dividend raises and 4.7% yield may be wondering if the Dividend King stock is worth buying on the dip.
