Targa Resources Dividends and Buybacks
Dividend criteria checks 3/6
Targa Resources is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
1.7%
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 | US$3.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Targa Resources: Assuming The Past Never Happens Again
Nov 11Should You Be Adding Targa Resources (NYSE:TRGP) To Your Watchlist Today?
Nov 03
What You Can Learn From Targa Resources Corp.'s (NYSE:TRGP) P/E
Oct 16We Think Targa Resources (NYSE:TRGP) Is Taking Some Risk With Its Debt
Aug 30Targa Resources: Large Growth Potential With High Capex Spending
Aug 06A Look At The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
Jul 31Shareholders Should Be Pleased With Targa Resources Corp.'s (NYSE:TRGP) Price
Jul 16If EPS Growth Is Important To You, Targa Resources (NYSE:TRGP) Presents An Opportunity
Jun 21Targa Resources: Improving Ebitda And Possible Upside Potential
May 03Targa Resources (NYSE:TRGP) Is Increasing Its Dividend To $0.75
Apr 15A Look At The Fair Value Of Targa Resources Corp. (NYSE:TRGP)
Apr 07Here's Why Targa Resources (NYSE:TRGP) Can Manage Its Debt Responsibly
Mar 20Targa: 2024 Shaping Up To Be A Good Year
Mar 06A Look At The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
Dec 26Targa Resources: Promising Growth Prospects But Almost Full Valuation
Dec 05Targa Resources (NYSE:TRGP) Seems To Use Debt Quite Sensibly
Oct 22Estimating The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
Sep 21Targa Resources Growing Organically
Sep 21Does Targa Resources (NYSE:TRGP) Deserve A Spot On Your Watchlist?
Sep 02Some Analysts Just Cut Their Targa Resources Corp. (NYSE:TRGP) Estimates
Aug 15Targa Resources Corp: At A Premium That Mutes A Buy Case
Jul 30Targa Resources (NYSE:TRGP) Has A Pretty Healthy Balance Sheet
Jul 10Calculating The Intrinsic Value Of Targa Resources Corp. (NYSE:TRGP)
Jun 18These 4 Measures Indicate That Targa Resources (NYSE:TRGP) Is Using Debt Reasonably Well
Apr 03Targa Resources Corp.'s (NYSE:TRGP) Intrinsic Value Is Potentially 40% Above Its Share Price
Mar 07Targa Resources Q4 2022 Earnings Preview
Feb 21Targa Resources (NYSE:TRGP) Is Paying Out A Dividend Of $0.35
Jan 24News Flash: Analysts Just Made A Notable Upgrade To Their Targa Resources Corp. (NYSE:TRGP) Forecasts
Jan 20Targa Resources declares $0.35 dividend
Jan 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRGP's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRGP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Targa Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRGP) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (TRGP) (up to 3 years) | 2.3% |
Notable Dividend: TRGP's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: TRGP's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), TRGP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (204.1%), TRGP's dividend payments are not well covered by cash flows.