Targa Resources Corp. (TRGP) Dividend Yield, History & Safety Analysis
Targa Resources Corp. (TRGP) pays a modest 1.64% dividend yield, or $4.25 per share annually at a stock price of $259.17. The payout ratio of 41% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.3x. Dividend growth is slowing — the 3-year CAGR of 40.0% trails the 5-year rate of 60.4% and the 10-year rate of 1.7%. The most recent ex-dividend date was April 30, 2026.
- Dividend Yield
- 1.64%
- Annual Dividend
- $4.25
- Payout Ratio
- 40.9%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-04-30
- Sector
- Energy
- Earnings Per Share
- $9.79
Frequently Asked Questions
What is TRGP's current dividend yield?
Targa Resources Corp. (TRGP) has a dividend yield of 1.64%, paying $4.25 per share annually.
How often does TRGP pay dividends?
Targa Resources Corp. typically pays dividends on a quarterly basis. The annual dividend totals $4.25 per share.
Is TRGP's dividend safe?
Targa Resources Corp.'s dividend safety is rated "Safe." The payout ratio of 41% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.3x.
When is TRGP's next ex-dividend date?
The most recent ex-dividend date for Targa Resources Corp. was April 30, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is TRGP's dividend growth rate?
Targa Resources Corp. has a 5-year dividend compound annual growth rate (CAGR) of 60.4%. The 10-year CAGR is 1.7%.
What is TRGP's payout ratio?
Targa Resources Corp. has a payout ratio of 41%, meaning it distributes 41% of its earnings as dividends. This leaves significant room for dividend growth.
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