Targa Resources Dividends and Buybacks
Dividend criteria checks 2/6
Targa Resources is a dividend paying company with a current yield of 1.44% that is well covered by earnings.
Key information
1.4%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TAR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Targa Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAR) | 1.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (TAR) (up to 3 years) | 2.3% |
Notable Dividend: TAR's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: TAR's dividend (1.44%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), TAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (204.1%), TAR's dividend payments are not well covered by cash flows.