Targa Exploration (XCNQ:TEX) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Targa Exploration Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Targa Exploration's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Targa Exploration's Dividend Payout Ratio or its related term are showing as below:

XCNQ:TEX's Dividend Payout Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-12), the Dividend Yield % of Targa Exploration is 0.00%.

Targa Exploration's Dividends per Share for the months ended in Sep. 2024 was C$0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Targa Exploration Dividend Payout Ratio Historical Data

The historical data trend for Targa Exploration's Dividend Payout Ratio 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 Exploration Dividend Payout Ratio Chart

Targa Exploration Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Targa Exploration Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Targa Exploration's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Targa Exploration's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Exploration's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Targa Exploration's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Targa Exploration's Dividend Payout Ratio falls into.

Targa Exploration Dividend Payout Ratio Calculation

Targa Exploration's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0	/	-0.15
	=	N/A

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	-0.03
	=	N/A

Targa Exploration (XCNQ:TEX) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Targa Exploration Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Targa Exploration's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Targa Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Targa Exploration Corp (XCNQ:TEX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TRGEF:USA V6Y:Germany

Address

595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X 1J1

Website

https://www.targaexploration.com

Targa Exploration Corp is engaged in the acquisition, exploration, and development of mineral properties in Canada and currently has an interest in the Shanghai property located in the Mayo Mining District, Yukon Territory. The projects of the company include the Opinaca lithium project, Superior lithium projects, Shanghai gold-silver project, and others.

Executives