Targa Resources Partners (NGLS) Raises Quarterly Dividend 1.2% to $0.82; 7.1% Yield

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Go back to Targa Resources Partners (NGLS) Raises Quarterly Dividend 1.2% to $0.82; 7.1% Yield

Targa Resources Announces Increase in Quarterly Dividend and Distribution, Provides Revised 2015 Outlook, Publishes Updated Investor Presentation and Announces Timing of First Quarter 2015 Earnings Re

April 21, 2015 6:24 PM EDT

HOUSTON, April 21, 2015 (GLOBE NEWSWIRE) -- Targa Resources Corp. ("TRC" or the "Company") (NYSE: TRGP) and Targa Resources Partners LP ("Targa Resources Partners", "TRP" or the "Partnership") (NYSE: NGLS) (jointly "Targa") announced their respective quarterly dividend and distribution for the first quarter of 2015.

Targa Resources Corp. announced today that its board of directors has declared a quarterly cash dividend of 83.00¢ per common share, or $3.32 on an annualized basis, for the first quarter 2015. The approved dividend represents increases of approximately 7% over the previous quarter's dividend and 28% over the... More