Targa Resources Partners (NGLS) Declares $0.825 Quarterly Dividend; 10.2% Yield

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Targa Resources Announces Quarterly Dividend and Distribution and Initial Monthly Distribution on Preferred Units

October 20, 2015 5:19 PM EDT

HOUSTON, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Targa Resources Corp. (TRC or the Company) (NYSE: TRGP) and Targa Resources Partners LP (Targa Resources Partners or the Partnership) (NYSE: NGLS) announced their respective quarterly dividend and distribution for the third quarter of 2015, and the prorated initial monthly distribution on the Partnerships 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units").

Targa Resources Corp. announced today that its board of directors has declared a quarterly cash dividend of 91.00¢ per share, or $3.64 per common share on an annualized basis, for the third quarter 2015. The... More