Local company news roundup

  • Updated: January 30, 2014 - 8:08 PM

NEW BUSINESS

Target Corp., Minneapolis, said it will open a store in Kahului, Hawaii, in March. It will be the first Target store on the island of Maui.

DEBT AND EQUITIES

Allete Inc., Duluth, declared a quarterly dividend of 49 cents per share, payable March 1 to shareholders of record on Feb. 14.

Polaris Industries Inc., Medina, declared a quarterly dividend of 48 cents per share, an increase of 14 percent, payable March 17 to shareholders of record on March 3.

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