Meet the Dividend King Stock That Yields More Than Triple the S&P 500. Here's Why It's a Buy Before the End of July.
The article argues that the S&P 500’s average dividend yield has fallen to a 155-year low of 1.09%, reflecting a strong multi-year equity rally and the index’s heavy concentration in large-cap growth stocks with low payouts. Against that backdrop, the piece highlights Target as a notable income exception: the retailer yields more than three times the S&P 500 average, has raised its dividend for 55 consecutive years, and recently increased the payout 1.8% to $1.16 per share. The stock is up 40% year to date after several weak annual performances, as new management has improved results. In Q1, Target posted 7% sales growth and 4.4% comparable-store sales growth, and management raised full-year 2026 guidance. The article frames Target as a potentially attractive value-and-income play ahead of its Aug. 19 Q2 earnings report, with the dividend record date on Aug. 12 and payment on Sept. 1.