Targa Resources Corp.
TRGPEnergy · Stock · quarterly payer
$267.37
Add to PortfolioForward Yield
1.59%
Annual Dividend
$4.25
Payout Ratio
41%
5-Yr Growth
58.5%
Ex-Date
Apr 30, 2026
Frequency
Quarterly
TRGP Dividend Safety Score
56/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage41% of earnings paid out
Balance-sheet strengthDebt/equity of 5.85
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TRGP a good dividend stock?
MixedTarga Resources Corp. (TRGP) pays a quarterly dividend yielding 1.59% ($4.25/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (41%)
- Strong 58.5% 5-yr dividend growth
- 497% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 1.59%
- Payout Ratio
- 41%
- Annual Dividend
- $4.25
- 5-Yr Avg Growth
- 58.5%
- Ex-Dividend Date
- Apr 30, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.71
- Market Cap
- $57.4B
- P/E Ratio
- 27.3
- 5-Yr Total Return
- 497%
- 52-Week Range
- $144.14 – $280.00
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 30, 2026 | — | $1.2500 | regular |
| Jan 30, 2026 | — | $1.0000 | regular |
| Oct 31, 2025 | — | $1.0000 | regular |
| Jul 31, 2025 | — | $1.0000 | regular |
| Apr 30, 2025 | — | $1.0000 | regular |
| Jan 31, 2025 | — | $0.7500 | regular |
| Oct 31, 2024 | — | $0.7500 | regular |
| Jul 31, 2024 | — | $0.7500 | regular |
| Apr 29, 2024 | — | $0.7500 | regular |
| Jan 30, 2024 | — | $0.5000 | regular |
| Oct 30, 2023 | — | $0.5000 | regular |
| Jul 28, 2023 | — | $0.5000 | regular |
| Apr 27, 2023 | — | $0.5000 | regular |
| Jan 30, 2023 | — | $0.3500 | regular |
Income Calculator
At $4.25 / yr per share
Per payment (quarterly)$106.25
Annual$425.00
Monthly avg$35.42
