# Targa Resources (TRGP) — Dividends

TRGP · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/trgp/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $4.50 |
| Forward yield | 1.55% |
| Growth streak | 4 years |

Targa Resources pays a quarterly dividend of $1.25 per share. Its most recent payment went ex-dividend on July 31, 2026 and was paid on August 14, 2026. Over the trailing twelve months, it paid $4.50 per share, a yield of about 1.6% at a share price of $281.74.

Raises in the table have come once a year, with the payment that goes ex-dividend at the end of April and is paid in May. The rate went from $0.35 to $0.50 in 2023, then to $0.75 in 2024, $1.00 in 2025 and $1.25 in 2026. Each of those raises was 25 cents, or 25% to 50%. The step before that was larger, from $0.10 in late 2021 to $0.35 with the first payment of 2022. Since early 2022, the quarterly rate has more than tripled. Payments by calendar year rose from $1.40 in 2022 to $3.75 in 2025. The company has increased its dividend for four consecutive calendar years.

Payments have gone ex-dividend at the end of January, April, July and October. If the pattern holds, the next payment would go ex-dividend at the end of October 2026 and be paid around mid-November.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Jul 31, 2026 | Aug 14, 2026 | $1.25 |
| Apr 30, 2026 | May 15, 2026 | $1.25 |
| Jan 30, 2026 | Feb 13, 2026 | $1.00 |
| Oct 31, 2025 | Nov 17, 2025 | $1.00 |
| Jul 31, 2025 | Aug 15, 2025 | $1.00 |
| Apr 30, 2025 | May 15, 2025 | $1.00 |
| Jan 31, 2025 | Feb 14, 2025 | $0.75 |
| Oct 31, 2024 | Nov 15, 2024 | $0.75 |
| Jul 31, 2024 | Aug 15, 2024 | $0.75 |
| Apr 29, 2024 | May 15, 2024 | $0.75 |
| Jan 30, 2024 | Feb 15, 2024 | $0.50 |
| Oct 30, 2023 | Nov 15, 2023 | $0.50 |
| Jul 28, 2023 | Aug 15, 2023 | $0.50 |
| Apr 27, 2023 | May 15, 2023 | $0.50 |
| Jan 30, 2023 | Feb 15, 2023 | $0.35 |
| Oct 28, 2022 | Nov 15, 2022 | $0.35 |
| Jul 28, 2022 | Aug 15, 2022 | $0.35 |
| Apr 28, 2022 | May 16, 2022 | $0.35 |
| Jan 28, 2022 | Feb 15, 2022 | $0.35 |
| Oct 28, 2021 | Nov 15, 2021 | $0.10 |

## Frequently Asked Questions

### Does Targa Resources (TRGP) pay a dividend?

Yes. Targa Resources pays a quarterly dividend; the most recent payment was $1.25 per share.

### What is TRGP's dividend yield?

Targa Resources paid $4.50 per share over the trailing twelve months, a yield of 1.55% at the last price of $290.91. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is TRGP's most recent ex-dividend date?

Targa Resources's most recent ex-dividend date is Jul 31, 2026, payable on Aug 14, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

### Has TRGP been raising its dividend?

Yes — Targa Resources has increased its dividend for 4 consecutive calendar years.

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).