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Targa Resources (STU:TAR) Dividends per Share : €1.85 (TTM As of Mar. 2024)


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What is Targa Resources Dividends per Share?

Targa Resources's dividends per share for the three months ended in Mar. 2024 was €0.46. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was €1.85. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.41. As of today, Targa Resources's Dividend Yield % is 1.92%.

During the past 12 months, Targa Resources's average Dividends Per Share Growth Rate was 42.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Targa Resources was 42.20% per year. The lowest was -52.10% per year. And the median was 10.80% per year.

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


Targa Resources Dividends per Share Historical Data

The historical data trend for Targa Resources's Dividends per Share 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 Dividends per Share Chart

Targa Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 1.00 0.35 1.32 1.70

Targa Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share 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 0.33 0.46 0.47 0.46 0.46

Competitive Comparison of Targa Resources's Dividends per Share

For the Oil & Gas Midstream subindustry, Targa Resources'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's Dividend Yield % Distribution in the Oil & Gas Industry

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

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



Targa Resources Dividends per Share Calculation

Dividends paid to per common share.


Targa Resources  (STU:TAR) Dividends per Share Explanation

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

Targa Resources's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.46/ 1.122
=0.41

During the past 13 years, the highest Dividend Payout Ratio of Targa Resources was 12.47. The lowest was 0.22. And the median was 0.70.

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

Targa Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7500002024-04-292024-04-302024-05-15Cash DividendquarterlyUSD:EUR 0.932000
USD 0.5000002024-01-302024-01-312024-02-15Cash DividendquarterlyUSD:EUR 0.918000
USD 0.5000002023-10-302023-10-312023-11-15Cash DividendquarterlyUSD:EUR 0.947000
USD 0.5000002023-07-282023-07-312023-08-15Cash DividendquarterlyUSD:EUR 0.904000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.0835/108.35
=1.92 %

Current Share Price is €108.35.
Targa Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.0835.

During the past 13 years, the highest Dividend Yield of Targa Resources was 57.50%. The lowest was 0.53%. And the median was 4.04%.

* 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.


Targa Resources Dividends per Share Related Terms

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Targa Resources (STU:TAR) Business Description

Traded in Other Exchanges
Address
811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has 843,000 barrels a day of gross fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline recently entered full service.

Targa Resources (STU:TAR) Headlines

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