Targa Resources Corp. (TRGP) Dividend History
TRGP next dividend
Ex-dividend in 12 days. Shareholders who own TRGP before the ex-dividend date receive this payment.
- 4 yearsof dividend increases
- 2011paying since
- Quarterly4 payments a year
- +25.4%5-year growth a year
- 1.70%forward yield
TRGP dividend income calculator
- Dividend income a year
- $500
- Each payment
- $125
- Value of the shares
- $29,490
- Dividend yield
- 1.70%
At the latest close; forward annual dividend $5.00 per share, before tax.
TRGP dividends per share by year
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
TRGP dividend safety
Descriptive bands, not a rating.
TRGP yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $148.67 | 3.36% | $4.50 | 3.0% |
| 3 years ago | $87.51 | 5.71% | $10.50 | 12.0% |
| 5 years ago | $56.36 | 8.87% | $13.35 | 23.7% |
| 10 years ago | $47.09 | 10.62% | $26.69 | 56.7% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
TRGP dividend payments
Each bar is one payment, by ex-dividend month (last 40 payments).
TRGP dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $3.75 | +36.4% | 2.03% | 4 |
| 2024 | $2.75 | +48.6% | 1.54% | 4 |
| 2023 | $1.85 | +32.1% | 2.13% | 4 |
| 2022 | $1.40 | +250.0% | 1.90% | 4 |
| 2021 | $0.40 | −66.9% | 0.77% | 4 |
| 2020 | $1.21 | −66.8% | 4.59% | 4 |
| 2019 | $3.64 | 0.0% | 8.92% | 4 |
| 2018 | $3.64 | 0.0% | 10.11% | 4 |
| 2017 | $3.64 | 0.0% | 7.52% | 4 |
| 2016 | $3.64 | +7.4% | 6.49% | 4 |
| 2015 | $3.39 | +26.6% | 12.53% | 4 |
| 2014 | $2.68 | +30.3% | 2.52% | 4 |
| 2013 | $2.06 | +35.4% | 2.33% | 4 |
| 2012 | $1.52 | +62.9% | 2.87% | 4 |
| 2011 | $0.93 | — | 2.29% | 4 |
TRGP dividend history
64 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-10-30 | 2026-11-17 | $1.25 | — | Quarterly |
| 2026-07-31 | 2026-08-14 | $1.25 | — | Quarterly |
| 2026-04-30 | 2026-05-15 | $1.25 | +25.0% | Quarterly |
| 2026-01-30 | 2026-02-13 | $1.00 | — | Quarterly |
| 2025-10-31 | 2025-11-17 | $1.00 | — | Quarterly |
| 2025-07-31 | 2025-08-15 | $1.00 | — | Quarterly |
| 2025-04-30 | 2025-05-15 | $1.00 | +33.3% | Quarterly |
| 2025-01-31 | 2025-02-14 | $0.75 | — | Quarterly |
| 2024-10-31 | 2024-11-15 | $0.75 | — | Quarterly |
| 2024-07-31 | 2024-08-15 | $0.75 | — | Quarterly |
| 2024-04-29 | 2024-05-15 | $0.75 | +50.0% | Quarterly |
| 2024-01-30 | 2024-02-15 | $0.5 | — | Quarterly |
| 2023-10-30 | 2023-11-15 | $0.5 | — | Quarterly |
| 2023-07-28 | 2023-08-15 | $0.5 | — | Quarterly |
| 2023-04-27 | 2023-05-15 | $0.5 | +42.9% | Quarterly |
| 2023-01-30 | 2023-02-15 | $0.35 | — | Quarterly |
Show all 64 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-10-28 | 2022-11-15 | $0.35 | — | Quarterly |
| 2022-07-28 | 2022-08-15 | $0.35 | — | Quarterly |
| 2022-04-28 | 2022-05-16 | $0.35 | — | Quarterly |
| 2022-01-28 | 2022-02-15 | $0.35 | +250.0% | Quarterly |
| 2021-10-28 | 2021-11-15 | $0.1 | — | Quarterly |
| 2021-07-29 | 2021-08-16 | $0.1 | — | Quarterly |
| 2021-04-29 | 2021-05-14 | $0.1 | — | Quarterly |
| 2021-01-29 | 2021-02-16 | $0.1 | — | Quarterly |
| 2020-10-29 | 2020-11-16 | $0.1 | — | Quarterly |
| 2020-07-30 | 2020-08-17 | $0.1 | — | Quarterly |
| 2020-04-30 | 2020-05-15 | $0.1 | −89.0% | Quarterly |
| 2020-01-30 | 2020-02-18 | $0.91 | — | Quarterly |
| 2019-10-31 | 2019-11-15 | $0.91 | — | Quarterly |
| 2019-07-30 | 2019-08-15 | $0.91 | — | Quarterly |
| 2019-04-30 | 2019-05-15 | $0.91 | — | Quarterly |
| 2019-01-30 | 2019-02-15 | $0.91 | — | Quarterly |
| 2018-10-30 | 2018-11-15 | $0.91 | — | Quarterly |
| 2018-07-31 | 2018-08-15 | $0.91 | — | Quarterly |
| 2018-04-30 | 2018-05-15 | $0.91 | — | Quarterly |
| 2018-01-31 | 2018-02-15 | $0.91 | — | Quarterly |
| 2017-10-31 | 2017-11-15 | $0.91 | — | Quarterly |
| 2017-07-28 | 2017-08-15 | $0.91 | — | Quarterly |
| 2017-04-28 | 2017-05-16 | $0.91 | — | Quarterly |
| 2017-01-30 | 2017-02-15 | $0.91 | — | Quarterly |
| 2016-10-31 | 2016-11-15 | $0.91 | — | Quarterly |
| 2016-07-29 | 2016-08-15 | $0.91 | — | Quarterly |
| 2016-04-29 | 2016-05-16 | $0.91 | — | Quarterly |
| 2016-01-29 | 2016-02-09 | $0.91 | — | Quarterly |
| 2015-10-29 | 2015-11-16 | $0.91 | +4.0% | Quarterly |
| 2015-07-30 | 2015-08-17 | $0.875 | +5.4% | Quarterly |
| 2015-04-30 | 2015-05-18 | $0.83 | +7.1% | Quarterly |
| 2015-01-29 | 2015-02-17 | $0.775 | +5.8% | Quarterly |
| 2014-10-30 | 2014-11-17 | $0.7325 | +6.2% | Quarterly |
| 2014-07-24 | 2014-08-15 | $0.69 | +6.6% | Quarterly |
| 2014-04-24 | 2014-05-16 | $0.6475 | +6.6% | Quarterly |
| 2014-01-23 | 2014-02-18 | $0.6075 | +6.6% | Quarterly |
| 2013-10-29 | 2013-11-15 | $0.57 | +7.0% | Quarterly |
| 2013-07-25 | 2013-08-15 | $0.5325 | +7.6% | Quarterly |
| 2013-04-25 | 2013-05-16 | $0.495 | +8.2% | Quarterly |
| 2013-01-24 | 2013-02-15 | $0.4575 | +8.3% | Quarterly |
| 2012-10-18 | 2012-11-15 | $0.4225 | +7.3% | Quarterly |
| 2012-07-19 | 2012-08-15 | $0.3937 | +7.9% | Quarterly |
| 2012-04-19 | 2012-05-16 | $0.365 | +8.6% | Quarterly |
| 2012-01-19 | 2012-02-15 | $0.3362 | +9.3% | Quarterly |
| 2011-10-19 | 2011-11-15 | $0.3075 | +6.0% | Quarterly |
| 2011-07-19 | 2011-08-16 | $0.29 | +6.4% | Quarterly |
| 2011-04-19 | 2011-05-17 | $0.2725 | +342.4% | Quarterly |
| 2011-02-01 | 2011-02-21 | $0.0616 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
TRGP stock split history
Targa Resources has no stock splits on record.
TRGP dividend overview
Targa Resources pays an annual dividend of $5.00 per share, a yield of 1.70% at the latest close, paid quarterly. It paid $3.75 per share in 2025, up 36.4% from 2024. It has raised its dividend for 4 consecutive years. Over five years the dividend grew 25.4% a year on average and over ten years 1.0% a year. The payout ratio is 42.4% of trailing earnings.
Related: TRGP cash flow statement, TRGP key metrics, TRGP chart. See the TRGP stock overview for the latest quote and news.
TRGP dividends FAQ
Does Targa Resources pay a dividend?
Yes. Targa Resources has paid a regular dividend since 2011, quarterly, most recently $1.25 per share with an ex-dividend date of October 30, 2026.
What is Targa Resources's dividend yield?
Targa Resources's forward annual dividend is $5.00 per share, a dividend yield of 1.70% at the latest close of $294.90.
When is Targa Resources's next dividend?
Targa Resources's next dividend of $1.25 per share goes ex-dividend on October 30, 2026 and is paid on November 17, 2026. Shareholders who own the stock before the ex-dividend date receive it.
How often does Targa Resources pay dividends?
Targa Resources pays dividends quarterly.
How fast is Targa Resources's dividend growing?
Targa Resources's dividend per share grew from $1.21 in 2020 to $3.75 in 2025, 25.4% a year on average over five years; it has increased for 4 years in a row.
What is Targa Resources's dividend payout ratio?
Targa Resources pays out 42.4% of its trailing earnings as dividends and 140.1% of its free cash flow (fiscal 2025).