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Targa Resources Raises Dividend 733% To $1 Per Share

  • Targa Resources (TRGP) has raised its quarterly dividend payment by 733% to $1 U.S. per share, totaling $4 U.S. per share annually.
  • The dividend increase is part of the company's commitment to returning value to shareholders.
  • Analysts at Barclays Bank and JPMorgan Chase have raised their price targets on TRGP stock following the significant dividend increase.
  • Targa Resources is set to release its second-quarter financial results on Aug. 7, 2025. TRGP stock has shown strong growth in the Permian Basin region of Texas and globally.

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