Targa Resources (TRGP) Declares $0.91 Quarterly Dividend; 9.6% Yield

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Go back to Targa Resources (TRGP) Declares $0.91 Quarterly Dividend; 9.6% Yield

Targa Resources Corp. Announces Quarterly Dividends

April 20, 2016 6:06 PM EDT

HOUSTON, April 20, 2016 (GLOBE NEWSWIRE) -- Targa Resources Corp. (TRC, Targa or the Company) (NYSE: TRGP) announced its quarterly dividend on common shares and the prorated initial quarterly dividend on its recently issued TRC Series A preferred shares for the first quarter of 2016.

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 first quarter 2016. The approved dividend is unchanged from the previous quarter and represents an increase of approximately 10% over the dividend for the first quarter... More