Buy the mentioned dividend stock prior to October 14, given its remarkable advantage

In the world of stock market investments, the performance of retail giant Target (NYSE: TGT) has been a subject of interest. Here's a snapshot of the current status and recent developments concerning Target's stock.

As of now, Target's stock is trading at $93.12 per share. However, the company has faced challenges in its financial performance, posting year-over-year declines in revenue for three consecutive quarters. Despite this, Target's gross margin stands at 25.43%, and its dividend yield is a substantial 4.83%, which is more than triple the 1.2% average of all stocks on the S&P 500 index.

The current quarterly dividend of Target is $1.14 per share, translating to a dividend yield of 4.9%. This dividend yield is attractive, considering that only 14 out of 42 analysts recommend buying Target shares, while 23 suggest holding and 5 recommend selling. The average price target for 2026 is $106.08, indicating moderate optimism among some investors.

Target's financial performance has been affected by the ongoing tariff issues. The federal appeals court recently ruled that the Trump administration did not have the unilateral authority to impose most of its controversial tariffs. The administration is pushing the Supreme Court to hear its appeal of the ruling, and a stay on the levies has been granted until at least Oct. 14.

Investors might also be interested to know that The Motley Fool Stock Advisor analyst team did not include Target in their latest list of the 10 best stocks for investors to buy now. However, the total average return of The Motley Fool Stock Advisor is 1,052%, significantly higher than the 185% return of the S&P 500.

For example, investing $1,000 in Netflix in December 2004 would have resulted in $670,781, and investing $1,000 in Nvidia in April 2005 would have resulted in $1,023,752. The Motley Fool Stock Advisor's latest top 10 list is available for members who join Stock Advisor.

It's essential to note that the headline net income dipped by a queasy 21%-plus in the latest reported frame. Despite this, Target's stock remains a significant player in the retail sector, with its tariff-related challenges adding an intriguing layer to its investment potential.

Buy the mentioned dividend stock prior to October 14, given its remarkable advantage