Trailing Dividend / Share
$4.25
Targa Resources Corp. (TRGP) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
N/A
Payout Ratio
N/A
Unknown
Dividend Streak
4 years
TRGP Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 14.3% and trend is rising.
TRGP Dividend Scorecard
Yield & Income
Dividend YieldN/A
Trailing DPS$4.25
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score6/9
Growth
Growth Streak4 years
3Y CAGR38.9%
5Y CAGR25.4%
Yield on Cost (5Y)14.3%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield0.0%
1Y Total Return61.3%
5Y Total Return604.3%
Div Contribution (5Y)32.8%
Estimated $10K growth (return + dividends):
5Y ago$70,42510Y ago$68,96220Y ago$116,698
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). TRGP's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
TRGP Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
TRGP Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Targa Resources Corp. has limited earnings payout data (Unknown).
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TRGP has raised its dividend for 4 consecutive years, with a 3-year CAGR of 38.9% and 5-year CAGR of 25.4%.
Total Shareholder Returns
Beyond cash dividends, TRGP returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 14.3% and is currently rising. The 5-year total return is 604.3%, with dividends contributing 32.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $68,962 today.
TRGP Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$12.20
Avg/Payment$0.6100
Latest Change+25.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 30, 2026Latest | $1.2500 | ↑ +25.0% | 1.63% | May 15, 2026 |
| Jan 30, 2026 | $1.0000 | — | 1.99% | Feb 13, 2026 |
| Oct 31, 2025 | $1.0000 | — | 2.43% | Nov 17, 2025 |
| Jul 31, 2025 | $1.0000 | — | 2.10% | Aug 15, 2025 |
| Apr 30, 2025 | $1.0000 | ↑ +33.3% | 1.90% | May 15, 2025 |
| Jan 31, 2025 | $0.7500 | — | 1.52% | Feb 14, 2025 |
| Oct 31, 2024 | $0.7500 | — | 1.65% | Nov 15, 2024 |
| Jul 31, 2024 | $0.7500 | — | 1.85% | Aug 15, 2024 |
TRGP Dividend vs Peers
Comparable companies in the same industry
Div Yield
—
—
Safety
Unknown
— payout
Streak
4Y
25.4% 5Y CAGR
Total Shareholder
0.0%
#7 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| TRGPTarga Resources Corp… | $53.6B | — | — | 4 | Unknown |
 CTRACoterra Energy Inc. | $24.7B | 2.8% | 39.7% | 1 | Sustainable |
1st  HESMHess Midstream LP | $8.0B | 7.4% | 99.2% | 7 | At Risk |
2nd  MPLXMPLX Lp | $56.5B | 7.1% | 81.8% | 3 | Watch |
 AMAntero Midstream Cor… | $10.1B | 4.3% | 1.1% | 1 | Sustainable |
 EPDEnterprise Products … | $81.2B | 5.7% | 80.5% | 15 | Watch |
3rd  ETEnergy Transfer LP | $68.4B | 6.5% | 96.4% | 0 | At Risk |
TRGP Annual Dividend History (2008–2026)
19 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.25 | — | 2 | — | — | — | 8.6% |
| 2025 | $3.75 | 36.4% | 4 | $8.52 | 44.0% | 2.27x | 14.3% |
| 2024 | $2.75 | 48.6% | 4 | $5.74 | 47.9% | 2.09x | 10.5% |
| 2023 | $1.85 | 32.1% | 4 | $3.66 | 50.5% | 1.98x | 7.1% |
| 2022 | $1.40 | 250.0% | 4 | $3.88 | 36.1% | 2.77x | 5.4% |
| 2021 | $0.40 | -66.9% | 4 | $-0.07 | — | — | 1.5% |
| 2020 | $1.21 | -66.8% | 4 | $-7.26 | — | — | 4.6% |
| 2019 | $3.64 | 0.0% | 4 | $-1.44 | — | — | 13.9% |
| 2018 | $3.64 | 0.0% | 4 | $-0.53 | — | — | 13.9% |
| 2017 | $3.64 | 0.0% | 4 | $-0.31 | — | — | 13.9% |
Full TRGP Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TRGP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TRGP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TRGP vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonTRGP — Frequently Asked Questions
Quick answers to the most common questions about buying TRGP stock.
How much dividend does TRGP pay per share?
Targa Resources Corp. (TRGP) pays a trailing 12-month dividend of $4.25 per share, with a current dividend yield of N/A. Payments are made Semi-Annual.
When is TRGP's next ex-dividend date?
TRGP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TRGP typically pays dividends Semi-Annual.
Is TRGP's dividend safe?
TRGP's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. The 4-year growth streak provides moderate confidence.
Is TRGP a Dividend Payer?
Yes, Targa Resources Corp. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +25.4%, demonstrating above-inflation dividend growth.
How often does TRGP pay dividends?
Targa Resources Corp. pays dividends Semi-Annual. The trailing 12-month total is $4.25 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in TRGP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TRGP five years ago would be worth approximately $70,425 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TRGP's yield on cost for long-term holders?
TRGP's yield on cost — the current dividend divided by the original purchase price — is +14.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.