UPDATE: Targa Resources (TRGP) Raises Quarterly Dividend 5.4% to $0.8750; 4% Yield

(Updated - July 21, 2015 5:21 PM EDT)

Targa Resources (NYSE: TRGP) declared a quarterly dividend of $0.8750 per share, or $3.5 annualized. This is a 5.4% increase from the prior dividend of $0.83.

The dividend will be payable on August 17, 2015, to stockholders of record on August 3, 2015, with an ex-dividend date of July 30, 2015.

The annual yield on the dividend is 4 percent.

For a dividend history and other dividend-related data on Targa Resources (TRGP) click here.

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