Targa Resources Inc Stock Dividends
TRGP pays dividends quarterly. Last paid amount was $0.750 at May 15, 2024. As of today, dividend yield (TTM) is 2.36%.
Dividend Yield Range
AI Analysis of TRGP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.36% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 50.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.750 |
|
Targa Resources Inc has not yet announced its next dividend date. Last payment date was: May 15, 2024.
|
|
TRGP Dividend Payout History
To ensure a understanding of TRGP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Oct 14, 2021 | Oct 28, 2021 | Nov 15, 2021 | $0.100 | 0.181% |
| 12 | Jul 15, 2021 | Jul 29, 2021 | Aug 16, 2021 | $0.100 | 0.232% |
| 13 | Apr 15, 2021 | Apr 29, 2021 | May 14, 2021 | $0.100 | 0.260% |
| 14 | Jan 20, 2021 | Jan 29, 2021 | Feb 16, 2021 | $0.100 | 0.322% |
| 15 | Oct 15, 2020 | Oct 29, 2020 | Nov 16, 2020 | $0.100 | 0.463% |
| 16 | Jul 16, 2020 | Jul 30, 2020 | Aug 17, 2020 | $0.100 | 0.510% |
| 17 | Apr 16, 2020 | Apr 30, 2020 | May 15, 2020 | $0.100 | 0.665% |
| 18 | Jan 16, 2020 | Jan 30, 2020 | Feb 18, 2020 | $0.91 | 2.47% |
| 19 | Oct 16, 2019 | Oct 31, 2019 | Nov 15, 2019 | $0.91 | 2.32% |
| 20 | Jul 17, 2019 | Jul 30, 2019 | Aug 15, 2019 | $0.91 | 2.75% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TRGP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TRGP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TRGP stock here.
Comparing TRGP to Sector and Country
TRGP pays a solid dividend yield of 2.36%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). TRGP’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.32%), which means that there are more attractive dividend stocks to consider.
TRGP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Tenaris SA | 20.212B | $0.400 | 3.94% | 18.05% | |
| Targa Resources Inc | 25.802B | $0.750 | 2.36% | 40.80% | |
| Cameco Corporation | 22.686B | $0.0900 | 0.200% | 22.18% |
