Targa Resources (TRGP) Lowers Quarterly Dividend 89.4% to $0.10; 4.9% Yield
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Targa Resources Corp. Announces Quarterly Dividends
April 16, 2020 6:17 PM EDTHOUSTON, April 16, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (TRC, Targa or the Company) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect to the first quarter of 2020.
TRC announced today that its board of directors has declared a quarterly cash dividend of $0.10 per common share, or $0.40 per common share on an annualized basis, for the first quarter of 2020. This cash dividend will be paid May 15, 2020 on all outstanding common shares to holders of record as of the close of business on May 1, 2020.
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