Targa Resources declares USD 1.25 dividend for Targa Resources stock

Published on 10/19/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Targa Resources stock costs EUR 260.85 on October 19, 2026. The USD 1.25 dividend pays November 17 after the October 30 record date.

Dividend and earnings calendar

Targa Resources declared a USD 1.25 quarterly dividend on October 13, 2026.
Second-quarter revenue reached USD 4.44 billion in 2026, while adjusted EBITDA was USD 1.60 billion.
Targa Resources stock was trading at EUR 260.85 at 10:00 a.m. CEST at Lang & Schwarz on October 19, 2026.

TRGP, US87612G1013, Illustration mit AI erstellt.

At EUR 260.85, Targa Resources (US87612G1013) was trading at Lang & Schwarz on October 19, 2026, at 10:00 a.m. CEST. The company had declared a USD 1.25 quarterly dividend on October 13, according to GlobeNewswire.

The dividend is the latest concrete return signal before Targa Resources reports its third-quarter results. The payment equals USD 5.00 per share on an annualized basis and is scheduled for November 17, 2026, for shareholders of record on October 30, 2026.

Three dates shape the setup

On August 6, 2026, Targa Resources presented second-quarter results with revenue of USD 4.44 billion and adjusted EBITDA of USD 1.60 billion, figures reported by Timothy Sykes. On October 13, the company declared the USD 1.25 dividend. On October 15, Jefferies cut its price target to USD 326 from USD 345 while retaining a Buy rating, as Markets Insider reported.

What does the dividend mean?

The payout places cash distribution beside an expansion-led earnings story. The second-quarter revenue figure of USD 4.44 billion was accompanied by adjusted EBITDA of USD 1.60 billion, giving investors two operating measures to compare with the third-quarter report.

Jefferies linked its October 15 target reduction to weaker marketing conditions, including compressed Waha differentials and higher liquefied petroleum gas freight costs. That counter-factor matters because it can pressure near-term earnings even while the company continues to emphasize infrastructure growth.

Dates investors can mark

The next record date is October 30, 2026, for the declared dividend. Targa Resources is scheduled to report third-quarter 2026 results before the market opens on November 5, 2026, followed by an earnings webcast at 11:00 a.m. Eastern Time, according to GlobeNewswire.

Stock price and next catalyst

For investors, the November report is the next measurement point for revenue, adjusted EBITDA and marketing performance. The declared dividend gives the calendar a defined cash-return date, while the Jefferies target change shows that operating assumptions remain an important part of the valuation discussion.

Targa Resources was trading at EUR 260.85 at Lang & Schwarz on October 19, 2026, at 10:00 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Targa Resources stock.