Targa Resources Corp. Dividends | Yield & Payout

Dividend history and payout analysis for Targa Resources Corp. (TRGP). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

15 years
Metric (FY)202520242023202220212020201920182017201620152014201320122011
Dividends per share (FY)$3.75$2.75$1.85$1.40$0.40$1.21$3.64$3.64$3.64$3.64$3.40$2.68$2.05$1.51$0.93
Dividend yield (FY) %N/A1.57%2.19%2.27%1.57%6.46%10.16%11.25%8.51%5.46%12.36%2.54%9.87%12.63%2.29%
Payout ratio (FY) %N/A48.48%51.59%33.24%263.34%-25.48%-461.19%56768.75%1561.48%-302.14%307.03%110.46%556.37%718.37%124.43%

Dividend Payout History

60 payments
Pay DateEx-DateRecord DateAmount
2025-11-17October 31, 252025-10-31$1.00
2025-08-15July 31, 252025-07-31$1.00
2025-05-15April 30, 252025-04-30$1.00
2025-02-14January 31, 252025-01-31$0.75
2024-11-15October 31, 242024-10-31$0.75
2024-08-15July 31, 242024-07-31$0.75
2024-05-15April 29, 242024-04-30$0.75
2024-02-15January 30, 242024-01-31$0.50
2023-11-15October 30, 232023-10-31$0.50
2023-08-15July 28, 232023-07-31$0.50
2023-05-15April 27, 232023-04-28$0.50
2023-02-15January 30, 232023-01-31$0.35
2022-11-15October 28, 222022-10-31$0.35
2022-08-15July 28, 222022-07-29$0.35
2022-05-16April 28, 222022-04-29$0.35
2022-02-15January 28, 222022-01-31$0.35
2021-11-15October 28, 212021-10-29$0.10
2021-08-16July 29, 212021-07-30$0.10
2021-05-14April 29, 212021-04-30$0.10
2021-02-16January 29, 212021-02-01$0.10
2020-11-16October 29, 202020-10-30$0.10
2020-08-17July 30, 202020-07-31$0.10
2020-05-15April 30, 202020-05-01$0.10
2020-02-18January 30, 202020-01-31$0.91
2019-11-15October 31, 192019-11-01$0.91
2019-08-15July 30, 192019-07-31$0.91
2019-05-15April 30, 192019-05-01$0.91
2019-02-15January 30, 192019-01-31$0.91
2018-11-15October 30, 182018-10-31$0.91
2018-08-15July 31, 182018-08-01$0.91
2018-05-15April 30, 182018-05-01$0.91
2018-02-15January 31, 182018-02-01$0.91
2017-11-15October 31, 172017-11-01$0.91
2017-08-15July 28, 172017-08-01$0.91
2017-05-16April 28, 172017-05-02$0.91
2017-02-15January 30, 172017-02-01$0.91
2016-11-15October 31, 162016-11-02$0.91
2016-08-15July 29, 162016-08-02$0.91
2016-05-16April 29, 162016-05-03$0.91
2016-02-09January 29, 162016-02-02$0.91
2015-11-16October 29, 152015-11-02$0.91
2015-08-17July 30, 152015-08-03$0.88
2015-05-18April 30, 152015-05-04$0.83
2015-02-17January 29, 152015-02-02$0.78
2014-11-17October 30, 142014-11-03$0.73
2014-08-15July 24, 142014-07-28$0.69
2014-05-16April 24, 142014-04-28$0.65
2014-02-18January 23, 142014-01-27$0.61
2013-11-15October 29, 132013-10-31$0.57
2013-08-15July 25, 132013-07-29$0.53
2013-05-16April 25, 132013-04-29$0.49
2013-02-15January 24, 132013-01-28$0.46
2012-11-15October 18, 122012-10-22$0.42
2012-08-15July 19, 122012-07-23$0.39
2012-05-16April 19, 122012-04-23$0.36
2012-02-15January 19, 122012-01-23$0.34
2011-11-15October 19, 112011-10-21$0.31
2011-08-16July 19, 112011-07-21$0.29
2011-05-17April 19, 112011-04-21$0.27
2011-02-21February 01, 112011-02-03$0.06

Frequently Asked Questions

What is Targa Resources Corp.'s current dividend yield and payout ratio?

The dividend yield shows how much Targa Resources Corp. returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Targa Resources Corp.'s dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Targa Resources Corp., investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Targa Resources Corp. a high-yield stock compared to its industry peers?

Comparing Targa Resources Corp.'s dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Targa Resources Corp. maintain its dividend during market downturns?

Analyzing Targa Resources Corp.'s liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Targa Resources Corp. dividends as part of my long-term investment strategy?

Investors often include Targa Resources Corp. dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.