Updated January 4th, 2019
We analyzed each Dividend Aristocrat by looking at their earnings, dividends, maximum draw down (MDD) and stock price performance during the 2007-2009 financial crisis.
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Dividend Aristocrat Target Corporation (TGT) is one of the largest department store retailer in North America. It is engaged in operating general merchandise discount stores. The company has been able to increase dividends for 51 consecutive years, so a member of the Dividend Kings list.
The company’s earnings-per-share performance during the Recession period (2007-2009) can be seen below:
- 2007 adjusted earnings-per-share of $3.33
- 2008 adjusted earnings-per-share of $2.86 (14% decline)
- 2009 adjusted earnings-per-share of $3.30 (15% increase)
- 2010 adjusted earnings-per-share of $3.88 (17% increase)
Target Corporation (TGT) stock performance 2007-2009
The share price of Target Corporation declined from $70.14 to a low of $25.37 during the 2007-2009 financial crisis. The drop of 64% is a “poor” performance during recession among the dividend aristocrats. See the stock price chart below:
Target Corporation (TGT) Dividends 2007-2010
Dividend Aristocrat Target Corporation has been able to increase dividends for 51 consecutive years, include the 2007-2010 period.
See also the overall performance of the dividend aristocrats during recession.
Other Sources of Dividend Investment Ideas
The Dividend Aristocrats list is not the only way to quickly screen for businesses that regularly pay rising dividends.
- The Dividend Kings List is even more exclusive than the Dividend Aristocrats. It is comprised of less than 20 businesses with 50+ years of consecutive dividend increases.
- The MoneyInvestExpert Defensive Aristocrats is a performance-based top-10 selection of the Dividend Aristocrats to outperform the market on the long-term.
- Portfolio lists like the Berkshire Hathaway Portfolio or Bill Gates’stock portfolio can be a source.
- For the European focused investors there is also the list of European Dividend Aristocrats.
- Dividend Champions are not necessarily members of the S&P 500 index, have increased their dividend for 25 or more consecutive years.
- 100+ years of dividend, the list of stocks that pay over 100 year of dividend can be an list of inspiration.
Next to selecting the right dividend stocks, important principles for successful long-term investing are Disciple, Diversification, Defensive & indeed Dividend. Read more about this in our free e-book.
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