Does TRGP pay a dividend?

Yes. Targa Resources Corp. pays a quarterly dividend, currently yielding 1.59% based on trailing twelve-month payments of $4.50 per share.

How much does TRGP pay in dividends?

$4.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next TRGP ex-dividend date?

No upcoming ex-dividend date is currently on record for TRGP. Dates appear here once the company declares them.

TRGP Dividend

Targa Resources Corp.

NYSEEnergyStockData as of August 12, 2026

Dividend yield: 1.59%
Annual dividend: $4.50
Payout ratio: 0.41
Frequency: Quarterly
Share price: $283.01
Market cap: $60.7B

Is TRGP a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median1.59% against a median of 2.92%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.41 means roughly 41% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut onceAcross 15 complete years, the annual total fell in 2020. The most recent reduction was in 2020.
Raised for 4 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

TRGP dividend history

Annual dividend per share, 2011 to 2025.

Peak $4.00 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for TRGP, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 31, 2026	August 14, 2026	$1.2500	Quarterly
April 30, 2026	May 15, 2026	$1.2500	Quarterly
January 30, 2026	February 13, 2026	$1.0000	Quarterly
October 31, 2025	November 17, 2025	$1.0000	Quarterly
July 31, 2025	August 15, 2025	$1.0000	Quarterly
April 30, 2025	May 15, 2025	$1.0000	Quarterly
January 31, 2025	February 14, 2025	$0.7500	Quarterly
October 31, 2024	November 15, 2024	$0.7500	Quarterly
July 31, 2024	August 15, 2024	$0.7500	Quarterly
April 29, 2024	May 15, 2024	$0.7500	Quarterly
January 30, 2024	February 15, 2024	$0.5000	Quarterly
October 30, 2023	November 15, 2023	$0.5000	Quarterly
July 28, 2023	August 15, 2023	$0.5000	Quarterly
April 27, 2023	May 15, 2023	$0.5000	Quarterly
January 30, 2023	February 15, 2023	$0.3500	Quarterly
October 28, 2022	November 15, 2022	$0.3500	Quarterly
July 28, 2022	August 15, 2022	$0.3500	Quarterly
April 28, 2022	May 16, 2022	$0.3500	Quarterly
January 28, 2022	February 15, 2022	$0.3500	Quarterly
October 28, 2021	November 15, 2021	$0.1000	Quarterly
July 29, 2021	August 16, 2021	$0.1000	Quarterly
April 29, 2021	May 14, 2021	$0.1000	Quarterly
January 29, 2021	February 16, 2021	$0.1000	Quarterly
October 29, 2020	November 16, 2020	$0.1000	Quarterly
July 30, 2020	August 17, 2020	$0.1000	Quarterly
April 30, 2020	May 15, 2020	$0.1000	Quarterly
January 30, 2020	February 18, 2020	$0.9100	Quarterly
October 31, 2019	November 15, 2019	$0.9100	Quarterly
July 30, 2019	August 15, 2019	$0.9100	Quarterly
April 30, 2019	May 15, 2019	$0.9100	Quarterly
January 30, 2019	February 15, 2019	$0.9100	Quarterly
October 30, 2018	November 15, 2018	$0.9100	Quarterly
July 31, 2018	August 15, 2018	$0.9100	Quarterly
April 30, 2018	May 15, 2018	$0.9100	Quarterly
January 31, 2018	February 15, 2018	$0.9100	Quarterly
October 31, 2017	November 15, 2017	$0.9100	Quarterly
July 28, 2017	August 15, 2017	$0.9100	Quarterly
April 28, 2017	May 16, 2017	$0.9100	Quarterly
January 30, 2017	February 15, 2017	$0.9100	Quarterly
October 31, 2016	November 15, 2016	$0.9100	Quarterly

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Frequently asked questions

Does TRGP pay a dividend?: Yes. Targa Resources Corp. pays a quarterly dividend, currently yielding 1.59% based on trailing twelve-month payments of $4.50 per share.
How much does TRGP pay in dividends?: $4.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next TRGP ex-dividend date?: No upcoming ex-dividend date is currently on record for TRGP. Dates appear here once the company declares them.