Targa Resources Corp. (TRGP) Yield on Cost (YOC): 1.61%
The yield on cost (YOC) for Targa Resources Corp. (TRGP) is 1.61%.
TRGP Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.61%
Yield on Cost for TRGP
TRGP now pays $4.25 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-20) | $41.96 | 10.13% |
| 5 years ago(2021-06-22) | $45.39 | 9.36% |
| 3 years ago(2023-06-23) | $69.92 | 6.08% |
| 1 year ago(2025-06-23) | $164.73 | 2.58% |
| Buying today(at $264.51) | $264.51 | 1.61% |
If you buy today and the dividend keeps growing
Projection: starting from today's 1.61% yield, assuming the dividend keeps compounding at its historical 25.4% rate. Boards set dividends each year, so actual figures will differ.
Today
1.61%
In 3 years
15.06%
In 5 years
66.97%
In 10 years
2791.59%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Targa Resources Corp. (TRGP).
Starting Yield
1.61%
Ending YOC
47.85%
Year 15 Dividend
$126.57
Cum. Dividends Recd.
$604.09
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.25 | — | 1.61% | $0.00 |
| Year 1 | $5.33 | +25.39% | 2.01% | $5.33 |
| Year 2 | $6.68 | +25.39% | 2.53% | $12.01 |
| Year 3 | $8.38 | +25.39% | 3.17% | $20.39 |
| Year 4 | $10.51 | +25.39% | 3.97% | $30.90 |
| Year 5 | $13.17 | +25.39% | 4.98% | $44.07 |
| Year 6 | $16.52 | +25.39% | 6.24% | $60.59 |
| Year 7 | $20.71 | +25.39% | 7.83% | $81.30 |
| Year 8 | $25.97 | +25.39% | 9.82% | $107.27 |
| Year 9 | $32.57 | +25.39% | 12.31% | $139.84 |
| Year 10 | $40.83 | +25.39% | 15.44% | $180.67 |
| Year 11 | $51.20 | +25.39% | 19.36% | $231.87 |
| Year 12 | $64.20 | +25.39% | 24.27% | $296.07 |
| Year 13 | $80.50 | +25.39% | 30.43% | $376.57 |
| Year 14 | $100.94 | +25.39% | 38.16% | $477.52 |
| Year 15 | $126.57 | +25.39% | 47.85% | $604.09 |
Targa Resources Corp. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Targa Resources Corp. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Targa Resources Corp. (TRGP)?
- The yield on cost (YOC) for TRGP stock is 1.61%.
About Targa Resources Corp.
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Matthew J. Meloy