Targa Resources declares USD 1.25 dividend for Targa Resources stock
Published on 10/15/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDividend timing and operating base
- On October 13, 2026, Targa Resources declared a USD 1.25 quarterly dividend.
- Second-quarter revenue reached USD 4.44 billion and diluted earnings per share were USD 3.54.
- Targa Resources stock traded at EUR 259.40 at 10:42 a.m. CEST at Lang & Schwarz on October 15, 2026.
Targa Resources (ISIN US87612G1013) was trading at EUR 259.40 at Lang & Schwarz on October 15, 2026 at 10:42 a.m. CEST, while its board had declared a USD 1.25 quarterly dividend on October 13. The payment is scheduled for November 17, 2026, and the company has also set its next results date.
According to the Targa Resources release dated October 13, 2026, the quarterly dividend equals USD 5.00 per share on an annualized basis. Holders of record on October 30, 2026, are scheduled to receive the payment.
Three events shape the stock
The recent chronology shows how capital returns and expansion have developed. On August 6, 2026, Targa Resources reported second-quarter revenue of USD 4.44 billion and diluted earnings per share of USD 3.54, according to The Stock Observer. On August 17, 2026, the company announced 20-year agreements with ExxonMobil and three new natural-gas processing plants in the Permian Delaware, as listed on its investor page. On October 13, 2026, it declared the USD 1.25 quarterly dividend.
What does the dividend mean?
The dividend gives investors a clearly dated cash-return event while the operating base remains tied to midstream infrastructure. Targa says it owns, operates, acquires and develops assets connecting natural gas and natural gas liquids with domestic and international markets. Its second-quarter revenue of USD 4.44 billion provides the latest reported scale marker, while the USD 3.54 diluted earnings-per-share figure supplies a profitability reference for the November results.
Two dates matter next
The next two scheduled dates are October 30, 2026, the record date for the dividend, and November 5, 2026, when Targa Resources plans to release third-quarter results before the US market opens and host its webcast. The company release names 11:00 a.m. Eastern Time for the presentation.
Stock context for investors
Targa Resources is a US energy infrastructure company focused on gathering and processing, logistics and transportation, natural gas and natural gas liquids. The finance profile identifies Matthew J. Meloy as chief executive officer and places the company in the Oil & Gas Midstream industry. The latest structured market snapshot lists a USD 62.4 billion market capitalization and a USD 144.14 to USD 307.94 52-week range as of October 14, 2026.
The stock was trading at EUR 259.40 at Lang & Schwarz on October 15, 2026 at 10:42 a.m. CEST. The current quote gives the market a live reference ahead of the record date and the November earnings release. The further course of trading is shown by the continuously updated real-time quote of Targa Resources stock.
Targa Resources stock facts
- Company: Targa Resources Corp.
- ISIN: US87612G1013
- Ticker: TRGP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 10:42 a.m. CEST): EUR 259.40
- Market capitalization: USD 62.4 billion (as of October 14, 2026)
- 52-week range: USD 144.14-307.94 (as of October 14, 2026)
- Sector / Industry: Energy / Oil & Gas Midstream
- Index membership: S&P 500
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
