Comments on Dividend Growth Investor: Target Corporation (TGT) Dividend analysis

nice write-up. WMT should benefit more near-term ...

2008-06-15T17:47:00.000-07:00

nice write-up. WMT should benefit more near-term anyways in terms of sheer stock appreciation due to recessionary environment. "the cheapest of the cheap" in terms of stores.

R,Actually with the recent increase in dividends, ...

2008-06-13T08:47:00.000-07:00

R,

Actually with the recent increase in dividends, i changed the entry to $32.
Well, its good to have a company like TGT in my watchlist just in case the stock gets hammered.
Or what else could happen is that the stock could be flat and the dividend could increase to 2%.
A third scenario is that the stock falls and the dividend payment is increased.

An alternative to buying TGT is buying WMT.

I guess one negative of my strategy is that I won't pick up growing companies that offer small dividend yield but higher than average dividend growth. Anyways, an investment in TGT in 1997 would have more than tripled your money. Yet your yield on cost would be 3.5%-4%.

I should probably update my model, because my entry criteria is using the same values for a slow dividend grower like ED and for a faster dividend grower like TGT.

I am curious. TGT has not traded at $26 in 10 year...

2008-06-13T07:22:00.000-07:00

I am curious. TGT has not traded at $26 in 10 years. Today it is at $53 which is close to the 52 week low.

If the 2% yield is a qualifier for you then TGT should have been screened out beforehand.