Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024)
Targa Resources (TRGP) reported Preferred Dividend Payments of $2.3 million for Q2 2024, down 36.11% year-over-year from $3.6 million in Q3 2023, and up 4.55% quarter-over-quarter from $2.2 million in Q1 2024.
Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024) Analysis & Trends
Targa Resources (TRGP) has 10 years of Preferred Dividend Payments data on file, last reported at $2.3 million in Q2 2024.
- Preferred Dividend Payments for Q2 2024 came in at $2.3 million, down 36.11% year-over-year; the trailing twelve-month figure through Jun 2024 was $10.3 million (down 12.71% YoY), and the FY2022 annual result was $30.0 million, down 65.64% from the prior year.
- Preferred Dividend Payments grew to $2.3 million in Q2 2024 per TRGP's latest filing, from $2.2 million in the prior quarter.
- Over five years, Preferred Dividend Payments peaked at $22.9 million in Q1 2020 and troughed at $2.2 million in Q3 2023.
- A 5-year average of $15.6 million and a median of $21.8 million in 2021 frame the typical range for Preferred Dividend Payments.
- The sharpest annual moves came in 2020 and 2022: Preferred Dividend Payments changed 0.0% in 2020, then sank 62.39% in 2022.
- A 5-year view of Preferred Dividend Payments shows it stood at $22.9 million in 2020, then dropped by 4.8% to $21.8 million in 2021, then slumped by 62.39% to $8.2 million in 2022, then plunged by 73.17% to $2.2 million in 2023, then grew by 4.55% to $2.3 million in 2024.
- Business Quant data shows TRGP's Preferred Dividend Payments at $2.3 million in Q2 2024, $2.2 million in Q1 2024, and $2.2 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 78.03 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | -1.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -20.80 Mn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.30 Mn |
| Mar 31, 2024 | 2.20 Mn |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 3.60 Mn |
| Jun 30, 2022 | 8.20 Mn |
| Mar 31, 2022 | 21.80 Mn |
| Dec 31, 2021 | 21.80 Mn |
| Sep 30, 2021 | 21.80 Mn |
| Jun 30, 2021 | 21.80 Mn |
| Mar 31, 2021 | 21.80 Mn |
| Dec 31, 2020 | 22.90 Mn |
| Sep 30, 2020 | 22.90 Mn |
| Jun 30, 2020 | 22.90 Mn |
| Mar 31, 2020 | 22.90 Mn |
| Dec 31, 2019 | 22.90 Mn |
| Sep 30, 2019 | 22.90 Mn |
| Jun 30, 2019 | 22.90 Mn |
| Mar 31, 2019 | 22.90 Mn |
| Dec 31, 2018 | 22.90 Mn |
| Sep 30, 2018 | 22.90 Mn |