Targa Resources (TRGP) Dividend Coverage Ratio (2010 - 2026)
Targa Resources' (TRGP) quarterly Dividend Coverage Ratio came in at 2.84 in Q2 2026, down 1.58% year-over-year from 2.88 in Q2 2025, and up 29.4% quarter-over-quarter from 2.19 in Q1 2026.
Powered by 
Analysis
Targa Resources (TRGP) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Dividend Coverage Ratio for 17 consecutive years, with 2.84 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 1.58% year-over-year to 2.84 in Q2 2026; TTM through Jun 2026 was 2.46, a 14.98% increase from a year earlier, with the FY2025 full-year figure at 2.26, up 8.94% from the prior year.
- Dividend Coverage Ratio was 2.84 for Q2 2026 at Targa Resources, up from 2.19 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 3.93 in Q4 2022 and troughed at 0.07 in Q1 2023.
- A 5-year average of 2.19 and a median of 2.34 in 2024 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio tumbled 95.33% in 2022 and jumped 3095.64% in 2024, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 3.93 in 2022, then sank by 36.62% to 2.49 in 2023, then decreased by 22.55% to 1.93 in 2024, then jumped by 30.92% to 2.53 in 2025, then gained by 12.26% to 2.84 in 2026.
- The last three Dividend Coverage Ratio figures came in at 2.84 (Q2 2026), 2.19 (Q1 2026), and 2.53 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.34 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.56 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.63 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -2.62 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.84 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.00 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.43 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.66 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -1.19 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.84 |
| Mar 31, 2026 | 2.19 |
| Dec 31, 2025 | 2.53 |
| Sep 30, 2025 | 2.21 |
| Jun 30, 2025 | 2.88 |
| Mar 31, 2025 | 1.20 |
| Dec 31, 2024 | 1.93 |
| Sep 30, 2024 | 2.33 |
| Jun 30, 2024 | 1.78 |
| Mar 31, 2024 | 2.36 |
| Dec 31, 2023 | 2.49 |
| Sep 30, 2023 | 1.91 |
| Jun 30, 2023 | 2.88 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 3.93 |
| Sep 30, 2022 | 2.38 |
| Jun 30, 2022 | 3.39 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | -4.19 |
| Sep 30, 2021 | 7.00 |