TRGP Dividend History & Yield

Targa Resources Corp. · NYSE

Stock Energy Quarterly payer Midstream
$294.29
+1.46% today
as of Sep 8, 2026
TTM yield
1.53%
$4.50/share over the last 12 months
Forward yield
1.70%
$5.00/share indicated annual rate
Annual dividend
$5.00
per share, forward
Per payment
$1.25
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 31, 2026 Estimated
in 53 days
Next pay date
Nov 14, 2026
in 67 days
Last ex-dividend date
Jul 31, 2026
$1.25 per share
Payout ratio
41%
of earnings
Market cap
63.1B
P/E 28.1
5y dividend CAGR
+62.3%
annualised, regular payments
Growth streak
4 yrs
consecutive annual raises
Years paying
15.6
since Feb 1, 2011
1y total return
+78.1%
price +75.4% + dividends 2.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Sat, Oct 31, 2026 (in 53 days) Nov 14, 2026 $1.25 $125.00 Estimated
Sun, Jan 31, 2027 (in 145 days) Feb 14, 2027 $1.25 $125.00 Estimated
Mon, May 3, 2027 (in 237 days) May 17, 2027 $1.25 $125.00 Estimated
Tue, Aug 3, 2027 (in 329 days) Aug 17, 2027 $1.25 $125.00 Estimated

Estimated dates and amounts are projected from TRGP's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.00 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 31, 2016 to Jul 31, 2026; most recent $1.25$0.00$0.75$1.50Oct 31, 2016: $0.91Oct '16Jan 30, 2017: $0.91Apr 28, 2017: $0.91Jul 28, 2017: $0.91Oct 31, 2017: $0.91Jan 31, 2018: $0.91Jan '18Apr 30, 2018: $0.91Jul 31, 2018: $0.91Oct 30, 2018: $0.91Jan 30, 2019: $0.91Apr 30, 2019: $0.91Apr '19Jul 30, 2019: $0.91Oct 31, 2019: $0.91Jan 30, 2020: $0.91Apr 30, 2020: $0.10Jul 30, 2020: $0.10Jul '20Oct 29, 2020: $0.10Jan 29, 2021: $0.10Apr 29, 2021: $0.10Jul 29, 2021: $0.10Oct 28, 2021: $0.10Oct '21Jan 28, 2022: $0.35Apr 28, 2022: $0.35Jul 28, 2022: $0.35Oct 28, 2022: $0.35Jan 30, 2023: $0.35Jan '23Apr 27, 2023: $0.50Jul 28, 2023: $0.50Oct 30, 2023: $0.50Jan 30, 2024: $0.50Apr 29, 2024: $0.75Apr '24Jul 31, 2024: $0.75Oct 31, 2024: $0.75Jan 31, 2025: $0.75Apr 30, 2025: $1.00Jul 31, 2025: $1.00Jul '25Oct 31, 2025: $1.00Jan 30, 2026: $1.00Apr 30, 2026: $1.25Jul 31, 2026: $1.25

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $3.64$3.6420172018: $3.64$3.6420182019: $3.64$3.6420192020: $1.21$1.2120202021: $0.40$0.4020212022: $1.40$1.4020222023: $1.85$1.8520232024: $2.75$2.7520242025: $3.75$3.7520252026 (YTD): $3.50$3.502026 YTD

How much TRGP do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month240$70,630$1,200
$500 / month1,200$353,148$6,000
$1,000 / month2,400$706,296$12,000

Based on the forward yield of 1.70%. $10,000 in TRGP would currently pay about $170 a year ($14 a month on average). Model reinvestment and growth →

TRGP dividend history

Show recent only
Ex-datePay dateAmountChange
Jul 31, 2026 $1.25 +0.0%
Apr 30, 2026 $1.25 +25.0%
Jan 30, 2026 $1.00 +0.0%
Oct 31, 2025 $1.00 +0.0%
Jul 31, 2025 $1.00 +0.0%
Apr 30, 2025 $1.00 +33.3%
Jan 31, 2025 $0.75 +0.0%
Oct 31, 2024 $0.75 +0.0%
Jul 31, 2024 $0.75 +0.0%
Apr 29, 2024 $0.75 +50.0%
Jan 30, 2024 $0.50 +0.0%
Oct 30, 2023 $0.50 +0.0%
Jul 28, 2023 $0.50 +0.0%
Apr 27, 2023 $0.50 +42.9%
Jan 30, 2023 $0.35 +0.0%
Oct 28, 2022 $0.35 +0.0%
Jul 28, 2022 $0.35 +0.0%
Apr 28, 2022 $0.35 +0.0%
Jan 28, 2022 $0.35 +250.0%
Oct 28, 2021 $0.10 +0.0%
Jul 29, 2021 $0.10 +0.0%
Apr 29, 2021 $0.10 +0.0%
Jan 29, 2021 $0.10 +0.0%
Oct 29, 2020 $0.10 +0.0%
Jul 30, 2020 $0.10 +0.0%
Apr 30, 2020 $0.10 -89.0%
Jan 30, 2020 $0.91 +0.0%
Oct 31, 2019 $0.91 +0.0%
Jul 30, 2019 $0.91 +0.0%
Apr 30, 2019 $0.91 +0.0%
Jan 30, 2019 $0.91 +0.0%
Oct 30, 2018 $0.91 +0.0%
Jul 31, 2018 $0.91 +0.0%
Apr 30, 2018 $0.91 +0.0%
Jan 31, 2018 $0.91 +0.0%
Oct 31, 2017 $0.91 +0.0%
Jul 28, 2017 $0.91 +0.0%
Apr 28, 2017 $0.91 +0.0%
Jan 30, 2017 $0.91 +0.0%
Oct 31, 2016 $0.91 +0.0%
Jul 29, 2016 $0.91 +0.0%
Apr 29, 2016 $0.91 +0.0%
Jan 29, 2016 $0.91 +0.0%
Oct 29, 2015 $0.91 +4.0%
Jul 30, 2015 $0.875 +5.4%
Apr 30, 2015 $0.83 +7.1%
Jan 29, 2015 $0.775 +5.7%
Oct 30, 2014 $0.733 +6.2%
Jul 24, 2014 $0.69 +6.5%
Apr 24, 2014 $0.648 +6.6%
Jan 23, 2014 $0.608 +6.7%
Oct 29, 2013 $0.57 +7.1%
Jul 25, 2013 $0.532 +7.5%
Apr 25, 2013 $0.495 +8.1%
Jan 24, 2013 $0.458 +8.3%
Oct 18, 2012 $0.423 +7.4%
Jul 19, 2012 $0.394 +7.9%
Apr 19, 2012 $0.365 +8.6%
Jan 19, 2012 $0.336 +9.1%
Oct 19, 2011 $0.308 +6.2%
Jul 19, 2011 $0.29 +6.2%
Apr 19, 2011 $0.273 +340.3%
Feb 1, 2011 $0.062

Payout risk check

Yield-trap heuristicLow risk

TRGP scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Targa Resources Corp.

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil.

Sector: Energy. Industry: Oil & Gas Midstream. First dividend on our records: Feb 1, 2011. 63 payments tracked.

TRGP dividend FAQ

When is TRGP's next ex-dividend date?

TRGP's next ex-dividend date is Oct 31, 2026 (in 53 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.25 per share, expected on Nov 14, 2026.

How often does TRGP pay dividends?

TRGP pays dividends every quarter, 4 times a year. The most recent payment was $1.25 per share with an ex-date of Jul 31, 2026.

What is TRGP's dividend yield?

TRGP's trailing 12-month dividend yield is 1.53%, based on $4.50 per share paid over the last year and a share price of $294.29. The forward yield, using the indicated annual rate of $5.00 per share, is 1.70%.

How much does TRGP pay per share?

TRGP pays about $1.25 per share each quarter, which works out to roughly $5.00 per share a year. 100 shares would collect about $500.00 a year.

Has TRGP grown or cut its dividend?

TRGP has raised its annual dividend for 4 consecutive years. Over the last 5 years the regular payout has grown at 62.3% a year (+28.6% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of TRGP do I need to earn $100 a month?

At the current forward yield of 1.70%, you would need about 240 shares of TRGP (roughly $70,630 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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