TRGP Dividend Calculator
Targa Resources Corp. yields 1.62%, below the 2.92% median across US dividend payers. The income from TRGP is a smaller part of the story than it would be on a high-yield holding, and the figures below deliberately capture only that part.
TRGP paid $4.50 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
TRGP
Targa Resources Corp.
1.62%
yield
Dividend income
$10,000 in TRGP pays you
$161.96
per year
- Paid each quarter
- $40.49
- Monthly average
- $13.50
- Shares bought
- 35.99
- Payments a year
- 4
Total over 10 years, taken as cash
$1,619.64
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
TRGP dividend income by investment amount
Based on the current yield of 1.62%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $16.20 | $4.05 | $1.35 |
| $5,000 | $80.98 | $20.25 | $6.75 |
| $10,000 | $161.96 | $40.49 | $13.50 |
| $25,000 | $404.91 | $101.23 | $33.74 |
| $50,000 | $809.82 | $202.45 | $67.48 |
| $100,000 | $1,619.64 | $404.91 | $134.97 |
TRGP with dividends reinvested
$10,000 in TRGP, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $11,754
- After 20 years
- $13,816
- After 30 years
- $16,240
$11,620 taking the income as cash
$13,239 taking the income as cash
$14,859 taking the income as cash
What makes up TRGP's 1.62% yield
TRGP paid $4.50 per share over the last twelve months against a share price of $277.84, which is where the 1.62% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
A below-median yield is not the same as a weak dividend. It commonly means earnings are being retained and reinvested, or that the share price has risen faster than the payment — in the second case the holder's income did not fall, the yield did. Income is one component of the return on TRGP and the smaller one; the figures below are not a total-return estimate.
Energy dividends are funded by cash flows that move with commodity prices, so the yield on this page reflects one point in a cycle rather than a settled level. Several large producers pay a base dividend topped up by a variable component, and a trailing yield blends the two.
When TRGP pays, and what that changes
TRGP pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. TRGP's full schedule and payment history are on its dividend page.
Is TRGP's dividend covered by earnings?
TRGP's payout ratio of 0.41 means roughly 41% of earnings go to the dividend, leaving the rest retained. A margin that size is what allows a payment to be maintained through a weaker year without being funded from borrowing.
That ratio deserves a caveat specific to cyclical earnings, though: it is struck against one year's profits, and in this kind of business those profits swing with prices the company does not set. A comfortable-looking ratio at the top of a cycle and a stretched one at the bottom can describe an unchanged dividend — so the level matters less here than where in the cycle it was measured.
The figures hold the dividend flat. TRGP has raised its payment in each of the last 4 years, which is a shorter record than the multi-decade streaks found among the longest-standing payers, and not yet long enough to have been tested across a full cycle.
TRGP dividend calculator FAQ
- How much does $10,000 in TRGP pay in dividends?
- At TRGP's current yield of 1.62%, $10,000 pays about $161.96 a year — roughly $40.49 per payment, paid quarterly, or $13.50 a month averaged out.
- What would TRGP be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in TRGP would grow to about $11,754 after 10 years, against $11,620 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does TRGP pay dividends?
- TRGP pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is TRGP's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check TRGP's full payment history before relying on any of it.
More on TRGP
Targa Resources Corp. is a common stock trading at $277.84 per share, paying quarterly. — All figures before tax. Not financial advice.