Targa Resources Corp. (TRGP)
Targa Resources Corp. (TRGP) is a leading midstream energy company engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs) in North America. The company provides infrastructure and logistics services to support the production, processing, and transportation of hydrocarbons across key energy-producing regions. Established in 2005 and headquartered in Houston, Texas, Targa Resources plays a vital role in the energy supply chain, supporting both upstream producers and downstream markets.
Dividend History
Investors can expect a dividend payout of $1.00 per share, scheduled to be distributed in 26 days on November 17, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 17, 2025 | $1.00 | 2025-10-31 | 2025-10-31 |
| August 15, 2025 | $1.00 | 2025-07-31 | 2025-07-31 |
| May 15, 2025 | $1.00 | 2025-04-30 | 2025-04-30 |
| February 14, 2025 | $0.75 | 2025-01-31 | 2025-01-31 |
| November 15, 2024 | $0.75 | 2024-10-31 | 2024-10-31 |
Dividends Summary
- Targa Resources Corp. has issued 60 dividend payments over the past 14 years
- The most recent dividend was paid 68 days ago, on August 15, 2025
- The highest dividend payed out to investors during this period was $1.00 per share
- The average dividend paid during this period was $0.61 per share.
Company News
Targa Resources Corp. declared a quarterly cash dividend of $1.00 per common share for Q3 2025, payable on November 17, 2025. The company will host an earnings webcast on November 5, 2025, to discuss its third quarter financial results.
Targa Resources is expanding its Permian Basin infrastructure with a new 500-mile NGL pipeline (Speedway) and a 275 MMcf/d gas processing plant (Yeti), investing approximately $3.3 billion in growth capital expenditures to support increasing natural gas and NGL production.
Natural gas demand is expected to surge in the coming years, driven by factors like the onshoring of manufacturing and the electrification of everything. This is allowing pipeline companies to approve new projects to expand their systems and transport more gas, which should boost their cash flows and enable them to increase dividends.
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