Target Corporation (NYSE:TGT) will release earnings for its fourth quarter before the opening bell on Tuesday, March 3.

Analysts expect the company to report quarterly earnings of $2.15 per share. That’s down from $2.41 per share in the year-ago period. The consensus estimate for Target quarterly revenue is $30.49 billion (it reported $30.91 billion last year), according to Benzinga Pro.

Ahead of quarterly earnings, Wells Fargo analyst Edward Kelly maintains Target with an Overweight rating. He also raised the price target from $115 to $130.

Some Target investors may be eyeing potential gains from the company's dividends. As of now, the retailer has an annual dividend yield of 4.01%, which is a quarterly dividend amount of $1.14 per share ($4.56 a year). So, how can investors exploit its dividend yield to pocket a ...