Top 10 Stocks for Dividend Capture Strategy in March 2025

6. Target Corporation (NYSE:TGT)

Dividend Yield: 4.30%

Recovery days: 1.4 Days

No. of Hedge Funds: 56

Based in Minneapolis, Minnesota, Target Corporation (NYSE:TGT) is a major retail chain offering a wide range of consumer goods, including apparel, home essentials, and groceries. The company distinguishes itself from other discount retailers by creating a balance between affordability and trend-focused merchandising and private-label brands. In addition to Amazon, Walmart also poses tough competition for Target Corporation in the market. The company has over 1,956 physical stores across the United States and operates an online store.

Target Corporation (NYSE:TGT) maintains a strong dividend yield of 4.30% and appeals to both income and growth investors. The company exceeded its initial expectations with a 1.5% increase in Q4 comp sales. Company guidance for the next 5 years also remains positive, with an expectation of $15 billion in revenue growth. Specifically, the company’s digital business remains profitable, with nearly 9% growth in Q4. The figures contribute to Target Corporation’s self-sufficiency with respect to dividend payments.

Target Corporation (NYSE:TGT) has a 1.4-day recovery timeframe reflecting positive market reception. Institutional backing remains significant with 56 hedge funds listed in Insider Monkey’s Q4 2024 database invested in the stock. Interested investors purchasing the stock before the ex-dividend date of May 14, 2025, will qualify for the next dividend payment.