Targa Resources Corp. (TRGP) Dividend Yield, History & Forecast

Targa Resources Corp. (TRGP) is an Oil & Gas Midstream company in the Energy sector listed on the New York Stock Exchange. It pays a current dividend yield of 1.58% ($4.50 per share annually (TTM)), with 4 years of consecutive dividend increases. The most recent ex-dividend date was July 31, 2026, with payment scheduled for August 14, 2026. The trailing twelve-month payout ratio is 40.7%; the market capitalization is approximately $62.30B. Review TRGP dividend history on this scorecard, compare peers in the Compare Dividend Returns tool, or project income with the dividend calculator.

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Frequently Asked Questions about Targa Resources Corp. (TRGP)

What is Targa Resources Corp.'s dividend yield?
Targa Resources Corp. (TRGP) pays a current trailing twelve-month dividend yield of 1.58%, which works out to $4.50 per share annually based on the most recent payout schedule.
When does Targa Resources Corp. pay its next dividend?
The most recent ex-dividend date was July 31, 2026. The next scheduled dividend payment date is August 14, 2026.
How many years has Targa Resources Corp. increased its dividend?
Targa Resources Corp. (TRGP) has increased its dividend for 4 consecutive years.
Is Targa Resources Corp. a Dividend Aristocrat?
No. Dividend Aristocrat status requires an S&P 500 listing and 25 or more consecutive years of dividend increases. Targa Resources Corp. (TRGP) currently has 4 years of consecutive increases.
What sector is Targa Resources Corp. in?
Targa Resources Corp. (TRGP) operates in the Energy sector, specifically the Oil & Gas Midstream industry.
What is Targa Resources Corp.'s dividend payout ratio?
Targa Resources Corp. (TRGP)'s trailing twelve-month dividend payout ratio is 40.7%. The payout ratio measures what percentage of earnings is paid out as dividends — a lower ratio generally suggests a more sustainable dividend.