DividendApr 16, 2026, 05:58 PM
Targa Resources Increases Quarterly Dividend to $1.25/Share
AI Summary
Targa Resources Corp. announced a 25% increase in its quarterly cash dividend for the first quarter of 2026, raising it to $1.25 per common share, or $5.00 on an annualized basis. This dividend will be paid on May 15, 2026, to shareholders of record as of April 30, 2026. The company also scheduled its first quarter 2026 financial results release for May 7, 2026, before market open, followed by a webcast.
Key Highlights
- Targa Resources increased its quarterly cash dividend to $1.25 per common share.
- The annualized dividend is now $5.00 per common share.
- This represents a 25% increase over the Q1 2025 dividend.
- The dividend will be paid on May 15, 2026, to shareholders of record on April 30, 2026.
- The company will report Q1 2026 financial results on May 7, 2026.
Price Impact
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