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Targa Resources Corp (NYSE:TRGP)
3-Year Dividends Growth Rate
0.00% (As of Mar. 2014)

Targa Resources Corp's Dividends Per Share for the three months ended in Mar. 2014 was $0.61.

TRGP' s 10-Year Dividend Growth Rate 3y Range
Min: 0   Max: 0
Current: 0

TRGP's Dividend Growth Rate 3yis ranked lower than
96% of the 519 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 2.40 vs. TRGP: 0.00 )

During the past 12 months, Targa Resources Corp's average Dividends Per Share Growth Rate was 34.50% per year.

The growth rate is calculated with least square regression.

Targa Resources Corp's Dividend Payout Ratio for the three months ended in Mar. 2014 was 1.29. As of today, Targa Resources Corp's Dividend Yield is 1.73%.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout of Targa Resources Corp is 1.78, which seems too high.

Warning Sign:

Targa Resources Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Definition

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.


Explanation

1. Dividend Payout Ratio measures the percentage of the company’s earnings paid out as dividends.

Targa Resources Corp's Dividend Payout Ratio for the quarter that ended in Mar. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Mar. 2014 )/Earnings per Share (Q: Mar. 2014 )
=0.608/0.47
=1.29

During the past 6 years, the highest Dividend Payout Ratio of Targa Resources Corp was 2.42. The lowest was 0.39. And the median was 1.43.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout of Targa Resources Corp is 1.78, which seems too high.

2. Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Targa Resources Corp Recent Full-Year Dividend History

Amount Ex-date Record Date Pay Date Type Frequency
0.6482014-04-242014-04-282014-05-16Cash Dividendquarterly
0.6082014-01-232014-01-272014-02-18Cash Dividendquarterly
0.5702013-10-292013-10-312013-11-15Cash Dividendquarterly
0.5332013-07-252013-07-292013-08-15Cash Dividendquarterly

Targa Resources Corp's Dividend Yield (%) for Today is calculated as

Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.359/137.53
=1.72 %

Current Share Price is $137.53.
Targa Resources Corp's Dividends Per Share for the trailing twelve months (TTM) ended in Today is $2.359.

During the past 6 years, the highest Dividend Yield of Targa Resources Corp was 3.18%. The lowest was 0.17%. And the median was 2.42%.

Warning Sign:

Targa Resources Corp stock dividend yield is close to 2-year low.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Dividends Per Share, Dividend Payout Ratio, Dividend Yield, 5-Year Dividends Growth Rate

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