TRGP Dividend History & Analysis | 2.2% Yield

TRGP has a dividend yield of 2.2% and paid 4.25 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.23%
Payout Ratio 46.6%
Growth Rate CAGR 5y 75%
Consistency Lifetime 90.5%
Yield on Cost 5y 10.2%
Payout FCF 332.2%
Streak Years 4
Dividend Rating 73.6%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
TK 998 M 21.41% 109.89%
INSW 3,863 M 8.15% 73.08%
TRMD 2,788 M 10.06% 50.84%
FRO 7,894 M 6.71% 56.20%
LPG 1,721 M 9.12% 47.81%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SOBO 7,501 M 300.00% 100.0%
TK 998 M 106.49% 69.8%
TEN 1,132 M 82.12% 82.8%
EE 3,751 M 77.58% 100.0%
INSW 3,863 M 76.78% 83.6%
Quality Dividend Peers in Oil & Gas Storage & Transportation INSW International Seaways
8.15% Yield DHT DHT Holdings
9.53% Yield STNG Scorpio Tankers
2.76% Yield BWLP BW G
8.91% Yield UGP Ultrapar Participacoes
5.88% Yield LPG Dorian G
9.12% Yield
TRGP Dividend History: Last 50 Payments (USD) as of June 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% 0.36%
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% 0.51%
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%
2021-04-29 2021-04-30 2021-05-14 Quarterly 0.1 0% N/A
2021-01-29 2021-02-01 2021-02-16 Quarterly 0.1 0% N/A
2020-10-29 2020-10-30 2020-11-16 Quarterly 0.1 0% N/A
2020-07-30 2020-07-31 2020-08-17 Quarterly 0.1 0% N/A
2020-04-30 2020-05-01 2020-05-15 Quarterly 0.1 -89% N/A
2020-01-30 2020-01-31 2020-02-18 Quarterly 0.91 0% N/A
2019-10-31 2019-11-01 2019-11-15 Quarterly 0.91 0% N/A
2019-07-30 2019-07-31 2019-08-15 Quarterly 0.91 0% N/A
2019-04-30 2019-05-01 2019-05-15 Quarterly 0.91 0% N/A
2019-01-30 2019-01-31 2019-02-15 Quarterly 0.91 0% N/A
2018-10-30 2018-10-31 2018-11-15 Quarterly 0.91 0% N/A
2018-07-31 2018-08-01 2018-08-15 Quarterly 0.91 0% N/A
2018-04-30 2018-05-01 2018-05-15 Quarterly 0.91 0% N/A
2018-01-31 2018-02-01 2018-02-15 Quarterly 0.91 0% N/A
2017-10-31 2017-11-01 2017-11-15 Quarterly 0.91 0% N/A
2017-07-28 2017-08-01 2017-08-15 Quarterly 0.91 0% N/A
2017-04-28 2017-05-02 2017-05-16 Quarterly 0.91 0% N/A
2017-01-30 2017-02-01 2017-02-15 Quarterly 0.91 0% N/A
2016-10-31 2016-11-02 2016-11-15 Quarterly 0.91 0% N/A
2016-07-29 2016-08-02 2016-08-15 Quarterly 0.91 0% N/A
2016-04-29 2016-05-03 2016-05-16 Quarterly 0.91 0% N/A
2016-01-29 2016-02-02 2016-02-09 Quarterly 0.91 0% N/A
2015-10-29 2015-11-02 2015-11-16 Quarterly 0.91 +4% N/A
2015-07-30 2015-08-03 2015-08-17 Quarterly 0.875 +5.4% N/A
2015-04-30 2015-05-04 2015-05-18 Quarterly 0.83 +7.1% N/A
2015-01-29 2015-02-02 2015-02-17 Quarterly 0.775 +5.8% N/A
2014-10-30 2014-11-03 2014-11-17 Quarterly 0.7325 +6.2% N/A
2014-07-24 2014-07-28 2014-08-15 Quarterly 0.69 +6.6% N/A
2014-04-24 2014-04-28 2014-05-16 Quarterly 0.6475 +6.6% N/A
2014-01-23 2014-01-27 2014-02-18 Quarterly 0.6075 0% N/A

TRGP Dividend FAQ

What is the Dividend Yield of TRGP?

As of June 2026, TRGP's dividend yield is 2.23%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.25 USD by the current share price of 263.30.

Does TRGP pay a dividend?

As of June 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 0.574 (-54.1%) and 0.619 (-50.5%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 0.91%.

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 75.0% 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 10.2%. If you bought TRGP's shares at 41.73 USD five years ago, your current annual dividend income (4.25 USD per share, trailing 12 months) equals 10.2% of your original purchase price.

What is the Payout Consistency of TRGP?

TRGP Payout Consistency is 90.5%. 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 2.23% 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 46.6%. 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 73.61%. 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 1.53% annually over the past 3 years (Trend Reliability: -89.9%). 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
2009 42,300,000 0%
2010 41,300,000 -2.36%
2011 41,800,000 +1.21%
2012 41,900,000 +0.24%
2013 42,100,000 +0.48%
2014 42,100,000 0%
2015 56,000,000 +33.02%
2016 184,720,500 +229.86%
2017 218,700,000 +18.4%
2018 232,200,000 +6.17%
2019 233,000,000 +0.34%
2020 274,700,000 +17.9%
2021 276,400,000 +0.62%
2022 230,200,000 -16.71%
2023 222,611,300 -3.3%
2024 221,300,000 -0.59%
2025 215,000,000 -2.85%
2026 215,000,000 0%

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: 2026-06-03 02:42 UTC