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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
66,000% upside on tiny biotech? (Ad)
Things to know about California's new proposed rules for insurance companies
MarketBeat Week in Review – 9/18 - 9/22
66,000% upside on tiny biotech? (Ad)
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
This Stock Could Go Up 66% or More. (Ad)
New York to require flood disclosures in home sales as sea levels rise and storms worsen
Auto workers still have room to expand their strike against car makers. But they also face risks
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
66,000% upside on tiny biotech? (Ad)
Things to know about California's new proposed rules for insurance companies
MarketBeat Week in Review – 9/18 - 9/22
66,000% upside on tiny biotech? (Ad)
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
This Stock Could Go Up 66% or More. (Ad)
New York to require flood disclosures in home sales as sea levels rise and storms worsen
Auto workers still have room to expand their strike against car makers. But they also face risks
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
66,000% upside on tiny biotech? (Ad)
Things to know about California's new proposed rules for insurance companies
MarketBeat Week in Review – 9/18 - 9/22
66,000% upside on tiny biotech? (Ad)
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
This Stock Could Go Up 66% or More. (Ad)
New York to require flood disclosures in home sales as sea levels rise and storms worsen
Auto workers still have room to expand their strike against car makers. But they also face risks

Targa Resources (TRGP) Dividend Yield, Date & History

$84.44
+1.37 (+1.65%)
(As of 09/22/2023 ET)
Compare
Today's Range
$83.70
$85.16
50-Day Range
$77.71
$87.53
52-Week Range
$57.23
$87.86
Volume
1.28 million shs
Average Volume
1.37 million shs
Market Capitalization
$18.89 billion
P/E Ratio
22.88
Dividend Yield
2.37%
Price Target
$102.80

Dividend Summary

Dividend Yield
2.37%
Annual Dividend
$2.00
Dividend Increase
Track Record
2 Years
Annualized 3-Year
Dividend Growth
-27.28%
Dividend Payout Ratio
54.20%
Recent
Dividend Payment
Aug. 15
Skip Charts & View Dividend History

Targa Resources vs. The Competition

TypeTarga ResourcesEnergy CompaniesNYSE Companies
Annual Dividend$2.00$1.32$1.44
Dividend Yield2.37%1,151.23%368.22%
Annualized 3-Year Dividend Growth-27.28%523.91%638.30%
Track Record2 years4 years9 years

Targa Resources Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings54.20%
Based on This Year's Estimates40.90%
Based on Next Year's Estimates27.51%
Based on Cashflow19.35%

Targa Resources Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/13/2023Quarterly$0.502.56%7/28/20237/31/20238/15/2023
4/13/2023quarterly$0.502.61%4/27/20234/28/20235/15/2023
1/19/2023Quarterly$0.351.85%1/30/20231/31/20232/15/2023
10/13/2022quarterly$0.352.2%10/28/202210/31/202211/15/2022
7/14/2022Quarterly$0.352.38%7/28/20227/29/20228/15/2022
4/14/2022quarterly$0.351.78%4/28/20224/29/20225/16/2022
4/14/2022quarterly$0.351.78%4/29/20225/16/2022
1/20/2022Quarterly$0.352.52%1/28/20221/31/20222/15/2022
10/14/2021Quarterly$0.100.72%10/28/202110/29/202111/15/2021
7/15/2021Quarterly$0.100.97%7/29/20217/30/20218/16/2021
4/15/2021Quarterly$0.101.2%4/29/20214/30/20215/14/2021
1/20/2021quarterly$0.101.33%1/29/20212/1/20212/16/2021
10/15/2020quarterly$0.102.32%10/29/202010/30/202011/16/2020
10/15/2020quarterly$0.102.32%10/30/202011/16/2020
7/16/2020Quarterly$0.102.16%7/30/20207/31/20208/17/2020
4/16/2020Quarterly$0.105.04%4/29/20204/30/20205/18/2020
4/20/2020quarterly$0.1046.2%4/30/20205/1/20205/15/2020
1/16/2020Quarterly$0.918.82%1/30/20201/31/20202/18/2020
10/16/2019Quarterly$0.919.36%10/31/201911/1/201911/15/2019
7/17/2019quarterly$0.919.19%7/30/20197/31/20198/15/2019
4/18/2019quarterly$0.919.25%4/30/20195/1/20195/15/2019
1/17/2019quarterly$0.918.52%1/30/20191/31/20192/15/2019
10/17/2018quarterly$0.916.43%10/30/201810/31/201811/15/2018
7/18/2018quarterly$0.917.03%7/31/20188/1/20188/15/2018
4/18/2018quarterly$0.917.57%4/30/20185/1/20185/15/2018
1/18/2018quarterly$0.918.27%1/31/20182/1/20182/15/2018
10/18/2017quarterly$0.918.18%10/31/201711/1/201711/15/2017
7/19/2017quarterly$0.917.85%7/28/20178/1/20178/15/2017
4/19/2017quarterly$0.916.48%4/28/20175/2/20175/16/2017
1/19/2017quarterly$0.916.06%1/30/20172/1/20172/15/2017
10/19/2016quarterly$0.917.62%10/31/201611/2/201611/15/2016
7/19/2016quarterly$0.918.73%7/29/20168/2/20168/15/2016
4/20/2016quarterly$0.919.47%4/29/20165/3/20165/16/2016
1/19/2016quarterly$0.9119.42%1/29/20162/2/20162/9/2016
10/20/2015quarterly$0.915.98%10/29/201511/2/201511/16/2015
7/21/2015quarterly$0.87504.1%7/30/20158/3/20158/17/2015
4/21/2015quarterly$0.833.15%4/30/20155/4/20155/18/2015
1/21/2015quarterly$0.77503.4%1/29/20152/2/20152/17/2015
10/23/2014quarterly$0.73252.17%10/30/201411/3/201411/17/2014
7/15/2014quarterly$0.691.98%7/24/20147/28/20148/15/2014
4/15/2014quarterly$0.64752.43%4/24/20144/28/20145/16/2014
1/14/2014quarterly$0.60752.73%1/23/20141/27/20142/18/2014
10/21/2013quarterly$0.572.9%10/29/201310/31/201311/15/2013
7/16/2013quarterly$0.53253.14%7/25/20137/29/20138/15/2013
4/16/2013quarterly$0.49503.01%4/25/20134/29/20135/16/2013
1/15/2013quarterly$0.45753.13%1/24/20131/28/20132/15/2013
(Data available from 1/1/2013 forward)













Targa Resources Dividend - Frequently Asked Questions

What is Targa Resources's dividend yield?

The current dividend yield for Targa Resources is 2.37%. Learn more on TRGP's dividend yield history.

How much is Targa Resources's annual dividend?

The annual dividend for TRGP shares is $2.00. Learn more on TRGP's annual dividend history.

How often does Targa Resources pay dividends?

Targa Resources pays quarterly dividends to shareholders.

When was Targa Resources's most recent dividend payment?

Targa Resources's most recent quarterly dividend payment of $0.50 per share was made to shareholders on Tuesday, August 15, 2023.

When was Targa Resources's most recent ex-dividend date?

Targa Resources's most recent ex-dividend date was Friday, July 28, 2023.

Is Targa Resources's dividend growing?

Over the past three years, the company's dividend has not grown. It has decreased by -27.28%.

What track record does Targa Resources have of raising its dividend?

Targa Resources has increased its dividend for the past 2 consecutive years.

When did Targa Resources last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.15 on Thursday, April 13, 2023.

What is Targa Resources's dividend payout ratio?
The dividend payout ratio for TRGP is:
  • 54.20% based on the trailing year of earnings
  • 40.90% based on this year's estimates
  • 27.51% based on next year's estimates
  • 19.35% based on cash flow

More Dividend Resources from MarketBeat

This page (NYSE:TRGP) was last updated on 9/23/2023 by MarketBeat.com Staff

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