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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.

Category

US 500

Sentiment

Mixed

Event

Market commentary

Reading time

1 min