Target's dividend stock comeback after investments in curbside pickup and e-commerce.

Coca-Cola's 62-year dividend streak and 3.1% yield make it a safe passive income play, but Target (TGT 1.92%) is another Dividend King worth considering. Despite falling 13% in the past three months, Target has staged a comeback after reaching an all-time high in 2021 due to investments in curbside pickup and e-commerce. Though still facing challenges, Target's dividend stock could be worth buying.

June 23, 2024
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