Targa Resources (TRGP) Declares $0.91 Quarterly Dividend; 8.8% Yield

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Targa Resources Corp. Announces Quarterly Dividends

July 19, 2016 6:55 PM EDT

HOUSTON, July 19, 2016 (GLOBE NEWSWIRE) -- Targa Resources Corp. (TRC, Targa or the Company) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on its Series A preferred shares for the second 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 second quarter 2016. The approved dividend is unchanged from the previous quarter and represents an increase of approximately 4% over the dividend for the second quarter 2015. This cash dividend will be paid... More