GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Targa Resources Partners LP (NYSE:NGLS) » Definitions » Dividend Yield %

Targa Resources Partners LP (Targa Resources Partners LP) Dividend Yield % : 30.94% (As of Apr. 26, 2024)


View and export this data going back to . Start your Free Trial

What is Targa Resources Partners LP Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Targa Resources Partners LP is 30.94%.

The historical rank and industry rank for Targa Resources Partners LP's Dividend Yield % or its related term are showing as below:

NGLS' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 30.94
Current: 30.94

During the past 13 years, the highest Dividend Yield of Targa Resources Partners LP was 30.94%. The lowest was 0.00%. And the median was 0.00%.

NGLS's Dividend Yield % is not ranked
in the Oil & Gas industry.
Industry Median: 4.05 vs NGLS: 30.94

Targa Resources Partners LP's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Targa Resources Partners LP was 4.93. The lowest was 0.00. And the median was 0.00.

As of today (2024-04-26), the Forward Dividend Yield % of Targa Resources Partners LP is 30.99%.

Targa Resources Partners LP's Dividends per Share for the three months ended in Sep. 2020 was $0.00.

The growth rate is calculated with least square regression.

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


Targa Resources Partners LP Dividend Yield % Historical Data

The historical data trend for Targa Resources Partners LP's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Targa Resources Partners LP Dividend Yield % Chart

Targa Resources Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.85 - - - -

Targa Resources Partners LP Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Targa Resources Partners LP's Dividend Yield %

For the Oil & Gas Midstream subindustry, Targa Resources Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Targa Resources Partners LP's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Targa Resources Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Targa Resources Partners LP's Dividend Yield % falls into.



Targa Resources Partners LP Dividend Yield % Calculation

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


Targa Resources Partners LP  (NYSE:NGLS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Targa Resources Partners LP Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Targa Resources Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Targa Resources Partners LP (Targa Resources Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources Partners LP is a midstream natural gas company. It mainly operates, acquires and develop a diversified portfolio of complementary midstream energy assets. The company acts as a provider of midstream natural gas and NGL (Natural Gas Liquids) services as well as crude oil gathering and petroleum terminaling. The company's business activities include gathering, compressing, treating, processing and selling natural gas, storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to LPG (Liquefied Petroleum Gas) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. Targa divides its business into two segments Gathering and Processing, and Logistics and Transportation.
Executives
Davis Waters S Iv director 10200 ALLIANCE ROAD, SUITE 200, CINCINNATI OH 45242
Chris Tong director 600 E LAS COLINAS # 1100, IRVING TX 75019
Redd Ershel C Jr director C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Laura C. Fulton director THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Robert B Evans director 100 COLLEGE STREET, MINDEN LA 71055
Michael A Heim other: Vice Chairman of the Board TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Jeffrey J Mcparland officer: See Remarks TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Paul W Chung officer: EVP, Gen. Counsel & Secretary TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Barry R Pearl director P.O. BOX 2521, HOUSTON TX 77252-2521
James W Whalen director, officer: Exec. Chairman of the Board BETH SIBLEY, 1301 MCKINNEY STE 700, HOOOUSTON TX 77010
Joe Bob Perkins director, officer: CEO TARGA RESOURCES PARTNERS, LP, 1000 LOUISIANA ST., SUITE 4300, HOUSTON TX 77002
Ruth Dreessen director 6850 VERSAR CENTER, SPRINGFIELD VA 22151
John Robert Sparger officer: Senior VP and CAO TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002
Matthew J Meloy officer: Executive VP and CFO 1000 LOUISIANA, SUITE 4300, HOUSTON TX 77002

Targa Resources Partners LP (Targa Resources Partners LP) Headlines