Targa Resources (TRGP) dividend stock





  • Yield

     0.00%
  • Dividend

     0
  • 5 year dividend growth rate
     31.3%
  • Dividend increased

     5 yrs.
  • Payout ratio

     334%
  • Payout ratio (forward)

     0%
  • Ex-dividend date

     
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     -100.0%
  • Dividend payback
    period
     1 yrs.
  • Chowder rule

     31.3
  • Tweed factor

     31.3
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
-100.0%
Payout ratio compared to 5 year average   
74.8%
P/E compared to 5 year average   
-100.0%
Price per book value compared to 5 year average   
-100.0%
Price change from 52 week high   
0.0%
Price change from 50 days average   
0.0%
Price change from 200 days average   
0.0%
Price info
Change
()


Last price


Day range


Year range

Financial health
Current ratio
0.00


Debt/equity ratio
95.21


Cash
102.90M


Debt
6.07B


Valuation
Price/earning (P/E)
0


Price/book (P/B)

Price/sales (P/S)


PEG


Market cap

Recession performance (2007 - 2009)
0.0000,0.0000,0.7400
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
-100.0%
10 year history
0.0000,0.0000,0.0000,0.0000,0.9320,1.5170,2.0540,2.6780,3.3900,3.6400
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
-100.0%
0.0000,0.0000,0.7400,-30.9400,0.7400,0.9100,1.5500,2.4300,1.0900,1.0900
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Earnings per share growth (annualized)   
-100.0%
0.0000,0.0000,0.0000,3.4100,3.9100,3.4100,3.5800,3.7800,26.4500,9.1000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
-100.0%
0.0000,0.0000,0.0000,0.0000,161.1000,166.5000,143.7000,108.8000,282.6000,311.7000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
-100.0%
0.0000,0.0000,40.0000,7.0000,41.0000,42.0000,42.0000,42.0000,54.0000,54.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Shares outstanding growth (annualized)   
-100.0%
Other companies in the oil & gas pipelines industry
Company
Div. increase  
Yield
Div. growth
USA   Buckeye Partners LP 22 yrs0.00%3.4%
Canada   Enbridge 21 yrs0.00%16.7%
USA   Magellan Midstream Partners LP 17 yrs0.00%15.1%
USA   Sunoco Logistics Partners LP 16 yrs0.00%19.0%
Canada   Transcanada 16 yrs0.00%6.1%
USA   Plains All American Pipeline L 16 yrs0.00%7.5%
USA   Genesis Energy LP 14 yrs0.00%9.7%
USA   Williams Companies 14 yrs0.00%27.0%
Company profile
Founded
2005


Industry


SEC filings




Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. The company operates in two divisions, Gathering and Processing, and Logistics and Marketing. It is invo...
Read More


Address:
1000 Louisiana Street, Suite 4300, Houston, TX, 77002

Phone:
+1 713 584-1000
Targa Resources has a dividend of 0 and based on a stock price of , the yield is 0.00%. Since 2012they have raised their dividend each year, that is 5 years in a row. TRGP has a payout ratio of 334%, meaning that 334% of their earnings are paid as dividends. If their dividend growth rate stays the same, the dividend payback period would be 1 years. They have increased their dividend by 31.3% on average in the last 5 years. The ex-dividend date for TRGP is . 1,350 people work for them (a US company) and it has been founded back in 2005. The stock belongs to the oil & gas pipelines industry in the basic materials sector. Our dividend rating for this stock is 1.2 / 5 stars.






Sectors      Industries      Dividend dictionary      Contact us

Dividend growth stocks with at least 5 years of dividend increases




Disclaimer: Information on this site is only for informational purposes. Always consult a professional advisor before investing.