- By Sangara Narayanan

Target (TGT)'s share price has been on a steady, sharp downward spiral since the middle of 2015, and the company has lost nearly one-third of its valuation over the last 12 months. With a P/E ratio of just over ten, Target is trading at an extremely attractive price point, especially for a dividend investor because the yield is nearly 4.5%. But how sustainable is Target's dividend capability, moving forward?

• Warning! GuruFocus has detected 2 Warning Signs with TGT. Click here to check it out.

• High Yield Dividend Stocks in Gurus' Portfolio

• Pickup Discounts , and Target has only to take a leaf out of Walmart's playbook and follow it.