TRGP Dividend History & Analysis | 2.3% Yield

TRGP has a dividend yield of 2.3% and paid 4.25 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.27%
Payout Ratio 40.4%
Growth Rate CAGR 5y 44.1%
Consistency Lifetime 91.7%
Yield on Cost 5y 11.8%
Payout FCF 332.2%
Streak Years 5
Dividend Rating 75.4%
Chowder Number yield + growth 46.3% meets 15% target for healthy growth
Yield vs Average 5y +19.4% avg 1.9% vs now 2.27%
Debt / EBITDA leverage 3.9x moderate
Income per 10k invested 227 USD per year
Dividends Cash Amount per Share Yearly TRGP annual dividends paid per share, showing the total cash Targa Resources distributed to shareholders each year.
Dividend Growth Year over Year TRGP year-over-year dividend growth rate, showing how Targa Resources's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TRGP dividend yield history versus share price over the past 5 years, showing how Targa Resources's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
INSW NYSE
International Seaways
4,108 M 12.30% 91.38%
BWLPG OL
BW G
3,088 M 11.72% 83.35%
BWLP NYSE
BW G
3,177 M 12.17% 77.05%
TK NYSE
Teekay
928 M 8.08% 70.12%
FRO OL
Frontline
8,094 M 9.83% 65.32%
FRO NYSE
Frontline
8,489 M 9.91% 60.15%
LPG NYSE
Dorian G
1,717 M 9.14% 57.57%
TRMD-A CO
TORM
3,026 M 9.69% 56.17%
NAT NYSE
Nordic American Tankers
1,307 M 14.13% 38.23%
HAFN NYSE
Hafnia
3,768 M 10.90% 37.86%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DHT NYSE
DHT Holdings
2,928 M 67.94% 83.8%
EE NYSE
Excelerate Energy
4,441 M 60.03% 100.0%
STNG NYSE
Scorpio Tankers
3,795 M 51.81% 100.0%
TEN NYSE
Tsakos Energy Navigation
1,151 M 52.75% 93.9%
INSW NYSE
International Seaways
4,108 M 58.14% 80.9%
TRGP NYSE
Targa Resources
58,673 M 44.05% 91.7%
NAT NYSE
Nordic American Tankers
1,307 M 46.08% 85.5%
PBA NYSE
Pembina Pipeline
27,647 M 39.90% 99.9%
GTT PA
Gaztransport & Technigaz SAS
7,941 M 35.67% 100.0%
UGP NYSE
Ultrapar Participacoes
6,413 M 33.24% 93.3%

TRGP Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 0.51% 100
Feb - -
Mar - -
Apr 0.57% 100
May - -
Jun - -
Jul 0.51% 100
Aug - -
Sep - -
Oct 0.48% 100
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-04-30 2026-04-30 2026-05-15 Quarterly 1.25 +25% 0.51%
2026-01-30 2026-01-30 2026-02-13 Quarterly 1 0% 0.5%
2025-10-31 2025-10-31 2025-11-17 Quarterly 1 0% 0.66%
2025-07-31 2025-07-31 2025-08-15 Quarterly 1 0% 0.6%
2025-04-30 2025-04-30 2025-05-15 Quarterly 1 +33.3% 0.58%
2025-01-31 2025-01-31 2025-02-14 Quarterly 0.75 0% 0.37%
2024-10-31 2024-10-31 2024-11-15 Quarterly 0.75 0% 0.45%
2024-07-31 2024-07-31 2024-08-15 Quarterly 0.75 0% 0.56%
2024-04-29 2024-04-30 2024-05-15 Quarterly 0.75 +50% 0.64%
2024-01-30 2024-01-31 2024-02-15 Quarterly 0.5 0% 0.59%
2023-10-30 2023-10-31 2023-11-15 Quarterly 0.5 0% 0.59%
2023-07-28 2023-07-31 2023-08-15 Quarterly 0.5 0% 0.62%
2023-04-27 2023-04-28 2023-05-15 Quarterly 0.5 +42.9% 0.68%
2023-01-30 2023-01-31 2023-02-15 Quarterly 0.35 0% 0.47%
2022-10-28 2022-10-31 2022-11-15 Quarterly 0.35 0% 0.52%
2022-07-28 2022-07-29 2022-08-15 Quarterly 0.35 0% 0.52%
2022-04-28 2022-04-29 2022-05-16 Quarterly 0.35 0% 0.47%
2022-01-28 2022-01-31 2022-02-15 Quarterly 0.35 +250% 0.61%
2021-10-28 2021-10-29 2021-11-15 Quarterly 0.1 0% 0.18%
2021-07-29 2021-07-30 2021-08-16 Quarterly 0.1 0% 0.23%

TRGP Dividend FAQ

What is the Dividend Yield of TRGP?

As of July 2026, TRGP's dividend yield is 2.27%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.25 USD by the current share price of 282.91.

Does TRGP pay a dividend?

As of July 2026, TRGP paid a dividend of 4.25 USD in the last 12 months. The last dividend was paid on 2026-04-30 and the payout was 1.25 USD.

How often does TRGP pay dividends?

TRGP pays dividends quarterly. Over the last 12 months, TRGP has issued 4 dividend payments. The last dividend payment was made on 2026-04-30.

TRGP dividend forecast

Based on historical data, the forecasted dividends per share for TRGP for the next payments are between 1.188 (-5.0%) and 1.384 (+10.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 1.78%.

Will TRGP pay dividends in 2026?

The latest dividend paid per share was 1.25 USD with an Ex-Dividend Date of 2026-04-30. The next Ex-Dividend date for Targa Resources (TRGP) is currently unknown.

What is the next Ex-Dividend Date for TRGP?

The next Ex-Dividend date for Targa Resources (TRGP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TRGP?

TRGP's average dividend growth rate over the past 5 years is 44.1% per year. Strong growth: TRGP's dividend growth is outpacing inflation.

What is the Yield on Cost of TRGP?

TRGP's 5-Year Yield on Cost is 11.8%. If you bought TRGP's shares at 36.12 USD five years ago, your current annual dividend income (4.25 USD per share, trailing 12 months) equals 11.8% of your original purchase price.

What is the Payout Consistency of TRGP?

TRGP Payout Consistency is 91.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Targa Resources has a strong track record of consistent dividend payments over its lifetime.

Does TRGP have a good Dividend Yield?

TRGP's 2.27% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of TRGP?

The Dividend Payout Ratio of TRGP is 40.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TRGP?

TRGP's Overall Dividend Rating is 75.42%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRGP Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TRGP's Outstanding Shares?

Targa Resources's outstanding shares have decreased by approximately 1.99% annually over the past 3 years (Trend Reliability: -95.5%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TRGP ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 41,000,000 0%
2012 42,000,000 +2.44%
2013 42,000,000 0%
2014 42,000,000 0%
2015 54,000,000 +28.57%
2016 154,000,000 +185.19%
2017 207,000,000 +34.42%
2018 224,000,000 +8.21%
2019 233,000,000 +4.02%
2020 232,000,000 -0.43%
2021 229,000,000 -1.29%
2022 231,000,000 +0.87%
2023 226,000,000 -2.16%
2024 221,000,000 -2.21%
2025 217,000,000 -1.81%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-10 02:37 UTC