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Targa Resources (TRGP) Dividend Yield, Date & History

Targa Resources logo
$249.26 -10.46 (-4.03%)
Closing price 03:59 PM Eastern
Extended Trading
$253.00 +3.74 (+1.50%)
As of 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Targa Resources Dividend Summary

Dividend Yield
2.01%
Annual Dividend
$5.00
Next
Dividend Payment
May. 15
Dividend Increase
Track Record
5 Years
Annualized 5-Year
Dividend Growth
25.39%
Dividend Payout Ratio
58.21%

Targa Resources (TRGP) pays an annual dividend of $5.00 per share, with a dividend yield of 2.01%. The next quarterly payment of $1.25 per share is scheduled for Friday, May 15, to investors who owned the stock before the ex-dividend date of Thursday, April 30. TRGP has grown its dividend for 5 consecutive years, with an average annual increase of 25.39% in the past 5 years. The company currently pays out 58.21% of its earnings and 33.04% of its cash flow as dividends.

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Skip Charts & View Dividend History

TRGP Dividend Payments by Quarter

The chart below displays up to four years of Targa Resources' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TRGP Dividend Yield Over Time

The chart below tracks Targa Resources' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Targa Resources vs. The Competition

Compare Targa Resources' annual dividend and yield with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeTarga ResourcesEnergy CompaniesNYSE Companies
Annual Dividend$5.00$0.10$1.71
Dividend Yield2.01%10.16%4.03%
Track Record5 years5 years11 years

Targa Resources Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings58.21%
Based on This Year's Estimate48.45%
Based on Next Year's Estimate42.70%
Based on Cashflow33.04%

Targa Resources Dividend History by Quarter

Export
AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
4/16/2026quarterly$1.25+$0.25
25.00%		1.92%4/30/20264/30/20265/15/2026
1/15/2026quarterly$1.00 - 1.99%1/30/20261/30/20262/13/2026
10/16/2025quarterly$1.00 - 2.59%10/31/202510/31/202511/17/2025
7/10/2025quarterly$1.00 - 2.34%7/31/20257/31/20258/15/2025
4/23/2025$1.00+$0.88
733.33%		2.34%4/30/20255/1/20255/15/2025
4/10/2025quarterly$0.12-$0.63
84.00%		0.3%4/28/20255/12/2025
1/16/2025quarterly$0.75 - 1.41%1/31/20251/31/20252/14/2025
10/10/2024quarterly$0.75 - 1.81%10/31/202410/31/202411/15/2024
7/11/2024quarterly$0.75 - 2.22%7/31/20247/31/20248/15/2024

This table shows Targa Resources' quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Targa Resources Dividend - Frequently Asked Questions

The current dividend yield for Targa Resources is 2.01%. Learn more on TRGP's dividend yield history.

The annual dividend for TRGP shares is $5.00. Learn more on TRGP's annual dividend history.

Targa Resources pays quarterly dividends to shareholders.

Targa Resources' next quarterly dividend payment of $1.25 per share will be made to shareholders on Friday, May 15, 2026.

Targa Resources' most recent quarterly dividend payment of $1.00 per share was made to shareholders on Friday, February 13, 2026.

Targa Resources' most recent ex-dividend date was Thursday, April 30, 2026.

Over the past five years, the company's dividend has grown by an average of 25.39% per year.

Targa Resources has increased its dividend for the past 5 consecutive years.

The most recent change in the company's dividend was an increase of $0.25 on Thursday, April 16, 2026.

The dividend payout ratio for TRGP is:
  • 58.21% based on the trailing year of earnings
  • 48.45% based on this year's estimates
  • 42.70% based on next year's estimates
  • 33.04% based on cash flow

Targa Resources' dividend yield of 1.93% is lower than the average Energy company that issues a dividend. The company's 5 consecutive years of dividend growth shows that the company has a new, but growing committment to increase its dividend. Targa Resources' dividend payout ratio of 58.21% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Targa Resources stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NYSE:TRGP) was last updated on 5/6/2026 by MarketBeat.com Staff.
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