RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Targa Resources Stock

Targa Resources Dividend 2024

Targa Resources Dividend

1.85 USD

Targa Resources Dividend yield

0.94 %

Ticker

TRGP

ISIN

US87612G1013

WKN

A1C9E3

How much dividend does Targa Resources 2024 pay?

According to the latest status from November 2024, Targa Resources paid a total of 1.85 USD per share in dividends within the last 12 months. With the current Targa Resources price of 196.04 USD, this corresponds to a dividend yield of 0.94 %. A dividend is paid times per year.

0.94 % Dividend Yield=
1.85 USD Dividend
196.04 USD Stock Price

Historical Targa Resources Dividends

A dividend is paid times per year. Last year, the payout months were March, May, August and November.

PaydateDividend
12/1/20240.75
8/31/20240.75
5/29/20240.75
3/1/20240.5
11/30/20230.5
8/28/20230.5
5/27/20230.5
3/2/20230.35
11/28/20220.35
8/28/20220.35
5/28/20220.35
2/28/20220.35
11/28/20210.1
8/29/20210.1
5/29/20210.1
3/1/20210.1
11/29/20200.1
8/30/20200.1
5/30/20200.1
3/1/20200.91
1
2
3

Targa Resources dividend history and estimates

In 2023, Targa Resources paid a dividend amounting to 1.85 USD. Dividend means that Targa Resources distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
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Dividend

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Dividend Overview

The dividend per year chart for Targa Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Targa Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Targa Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Targa Resources Dividend History

DateTarga Resources Dividend
2028e1.6 undefined
2027e1.56 undefined
2026e1.53 undefined
2025e1.71 undefined
2024e1.42 undefined
20231.85 undefined
20221.4 undefined
20210.4 undefined
20201.21 undefined
20193.64 undefined
20183.64 undefined
20173.64 undefined
20163.64 undefined
20153.39 undefined
20143.29 undefined
20132.05 undefined
20121.52 undefined
20110.93 undefined

Is the Targa Resources Dividend Safe?

Targa Resources has been increasing the dividend for 2 years.

Over the past 10 years, Targa Resources has increased it by an annual -1.045 %.

Over a five-year period, the distribution increased by -12.66%.

Analysts expect a Dividend Cut of -12.428% for the current fiscal year.

Targa Resources dividend payout ratio

In 2023, Targa Resources had a payout ratio of 160.76%. The payout ratio indicates the percentage of the company's profits that Targa Resources distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Targa Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Targa Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Targa Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Targa Resources Payout Ratio History

DateTarga Resources Payout ratio
2028e140.03 %
2027e147.34 %
2026e150.69 %
2025e122.04 %
2024e169.28 %
2023160.76 %
202236.08 %
2021-571.43 %
2020-16.67 %
2019-252.78 %
2018-686.79 %
2017-1,213.33 %
2016-202.22 %
2015311.01 %
2014135.19 %
2013132.58 %
2012166.76 %
2011125.89 %
2010160.76 %
2009160.76 %
2008160.76 %
2007160.76 %
2006160.76 %
2005160.76 %

Dividend Details

Understanding Targa Resources's Dividend Distributions

Targa Resources’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Targa Resources's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Targa Resources's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Targa Resources’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Targa Resources Aktienanalyse

What does Targa Resources do?

Targa Resources Corp is a leading natural gas and oil transportation and energy infrastructure company based in Houston, Texas. With roots dating back to 2003, the company has expanded its presence in the United States over the years through smart management and significant acquisitions. Targa Resources Corp operates as an infrastructure support partner and provider of natural gas and oil. As a transportation company, it transports natural gas and oil through pipeline systems from well sites and refineries to end-users. It is also involved in the storage and processing of natural gas and oil, ensuring a continuous and reliable energy supply to customers. The company operates in several segments, including Midstream, Upstream, and Downstream. The Midstream segment is the largest of Targa Resources Corp, specializing in the transportation of crude oil, natural gas, liquefied petroleum gas (LPG), and natural gas liquids (NGLs). By constructing pipeline systems, the company can make the transportation of crude oil and other liquids safer and more efficient. The Upstream segment focuses on the production of crude oil and NGLs. The company leverages its extensive energy sector expertise to produce high-quality raw materials from well sites and refineries. The Downstream segment specializes in the sale of refinery products such as gasoline and diesel. The company has an extensive distribution infrastructure and uses its experience in crude oil processing to produce high-quality products. Targa Resources Corp also offers various products and services to provide additional value to its customers. These include futures market settlement services, project financing opportunities, and technical support. Aligned with its goal to support environmental protection and be a responsible energy partner, Targa Resources Corp also embraces the use of renewable energy sources such as wind and solar. Overall, Targa Resources Corp has an impressive history. With a strong business model and a dedicated workforce, the company has significantly shaped the energy market in the United States. Despite the economic turbulence in recent years, Targa Resources Corp has continued its commitment to sustainability, innovation, and growth, and remains an important player in the energy market in the future. Targa Resources is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Targa Resources stock

How much dividend does Targa Resources pay?

Over the past 12 months, Targa Resources paid a dividend of 1.85 USD . This corresponds to a dividend yield of about 0.94 %. For the coming 12 months, Targa Resources is expected to pay a dividend of 1.71 USD.

What is the dividend yield of Targa Resources?

The current dividend yield of Targa Resources is 0.94 %.

When does Targa Resources pay dividends?

Targa Resources pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Targa Resources?

Targa Resources paid dividends every year for the past 18 years.

What is the dividend of Targa Resources?

For the upcoming 12 months, dividends amounting to 1.71 USD are expected. This corresponds to a dividend yield of 0.87 %.

In which sector is Targa Resources located?

Targa Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Targa Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Targa Resources from 11/15/2024 amounting to 0.75 USD, you needed to have the stock in your portfolio before the ex-date on 10/31/2024.

When did Targa Resources pay the last dividend?

The last dividend was paid out on 11/15/2024.

What was the dividend of Targa Resources in the year 2023?

In the year 2023, Targa Resources distributed 1.4 USD as dividends.

In which currency does Targa Resources pay out the dividend?

The dividends of Targa Resources are distributed in USD.

Andere Kennzahlen von Targa Resources

Our stock analysis for Targa Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Targa Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.