Dividend payments are $4.50 per share, with a current dividend yield of 1.68%. The dividend has increased for 4 consecutive years.
1.68%
$4.50
42.86%
295.04%
Consecutive Years of Increases
4
Most Recent Ex-Date
Jul 31, 2026
Next Payment Date
Aug 14, 2026
This step chart displays the nominal dividend payouts over time by ex-dividend date (the date you must own the stock by to receive each payment), matching the distribution frequency.
Targa Resources Corp. (TRGP)
Reported quarterly values; no daily interpolation.
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $2.25 | Not comparable |
| 2025 | $3.75 | +36.36% |
| 2024 | $2.75 | +48.65% |
| 2023 | $1.85 | +32.14% |
| 2022 | $1.40 | +250.00% |
| 2021 | $0.40 | -66.94% |
| 2020 | $1.21 | -66.76% |
| 2019 | $3.64 | +0.00% |
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
| 2018 |
| $3.64 |
| +0.00% |
| 2017 | $3.64 | +0.00% |
| 2016 | $3.64 | +7.37% |
| 2015 | $3.39 | +26.61% |
| 2014 | $2.68 | +30.32% |
| 2013 | $2.05 | +35.39% |
| 2012 | $1.52 | +62.89% |
| 2011 | $0.93 | N/A |
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q3 2026 | $1.25 | +25.00% |
| Q2 2026 | $1.25 | +25.00% |
| Q1 2026 | $1.00 | +33.33% |
| Q4 2025 | $1.00 | +33.33% |
| Q3 2025 | $1.00 | +33.33% |
| Q2 2025 | $1.00 | +33.33% |
| Q1 2025 | $0.75 | +50.00% |
| Q4 2024 | $0.75 | +50.00% |
| Q3 2024 | $0.75 | +50.00% |
| Q2 2024 | $0.75 | +50.00% |
| Q1 2024 | $0.50 | +42.86% |
| Q4 2023 | $0.50 | +42.86% |
| Q3 2023 | $0.50 | +42.86% |
| Q2 2023 | $0.50 | +42.86% |
| Q1 2023 | $0.35 | +0.00% |
| Q4 2022 | $0.35 | +250.00% |
| Q3 2022 | $0.35 | +250.00% |
| Q2 2022 | $0.35 | +250.00% |
| Q1 2022 | $0.35 | +250.00% |
| Q4 2021 | $0.10 | +0.00% |
| Q3 2021 | $0.10 | +0.00% |
| Q2 2021 | $0.10 | +0.00% |
| Q1 2021 | $0.10 | -89.01% |
| Q4 2020 | $0.10 | -89.01% |