Should You Invest $1,000 in TGT today?
Target (NYSE: TGT) is a passive income powerhouse with more than five decades of annual dividend raises and an enticing 4.8% yield. But even with the high payout, Target has lost investors money over the last five years while the S&P 500 (SNPINDEX: ^GSPC) has more than doubled with dividends included.Here's why Target is under pressure, and whether the dividend stock is a buy right now.Image source: Getty Images.Continue reading
Target (NYSE: TGT) is a passive income powerhouse with more than five decades of annual dividend raises and an enticing 4.8% yield. But even with the high payout, Target has lost investors money over the last five years while the S&P 500 (SNPINDEX: ^GSPC) has more than doubled with dividends included.
Here's why Target is under pressure, and whether the dividend stock is a buy right now.
Image source: Getty Images.
