Targa Resources Corp (TRGP) has declared a dividend of $1.00 per share, reinforcing its commitment to returning capital to shareholders. The dividend will be payable to shareholders of record as of October 30, 2025, with a payment date set for November 16, 2025.
The current dividend yield stands at 2.32%, reflecting the annual dividend income relative to the stock price. Targa Resources pays dividends quarterly, offering regular income to its investors. This update provides insight into the company’s cash flow generation and capital allocation strategy.
Headquartered in Houston, Texas, Targa Resources operates in the energy sector, focusing on gathering, compressing, treating, processing, transporting, and selling natural gas. The firm owns and develops a diversified portfolio of midstream infrastructure assets across the United States. With a market capitalization of $36.9 billion, Targa Resources reported a P/E ratio of 22.55 and an EPS of 7.49.
As Targa Resources continues its pattern of regular dividend payments, investors may find the company’s approach to capital management appealing. However, it is important to note that dividends are not guaranteed and can be adjusted based on business performance and management decisions. Investors are encouraged to review the company's dividend history and overall financial health when evaluating the sustainability of these payments.
Looking ahead, Targa Resources is set to report its upcoming earnings on August 4, 2026, with an estimated EPS of $2.27 and projected revenue of $5.7 billion.