Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024)
Targa Resources' (TRGP) quarterly Preferred Dividend Payments came in at $2.3 million in Q2 2024, down 36.11% year-on-year from $3.6 million in Q3 2023, and up 4.55% on a QoQ basis 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.
- On a quarterly basis, Preferred Dividend Payments fell 36.11% year-over-year to $2.3 million in Q2 2024; TTM through Jun 2024 was $10.3 million, a 12.71% decrease from a year earlier, with the FY2022 full-year figure at $30.0 million, down 65.64% from the prior year.
- Preferred Dividend Payments for Q2 2024 stood at $2.3 million, up from $2.2 million in the prior quarter.
- Over the last five years, Preferred Dividend Payments for TRGP reached as high as $22.9 million in Q1 2020 and fell as low as $2.2 million in Q3 2023.
- Historically, Preferred Dividend Payments has averaged $15.6 million across 5 years, with a median of $21.8 million in 2021.
- Across the five-year window, Preferred Dividend Payments jumped 127.96% in 2020 and tumbled 62.39% in 2022, its largest moves.
- Year by year, Preferred Dividend Payments stood at $22.9 million in 2020, then retreated by 4.8% to $21.8 million in 2021, then tumbled by 62.39% to $8.2 million in 2022, then sank by 73.17% to $2.2 million in 2023, then gained by 4.55% to $2.3 million in 2024.
- Per Business Quant data, the three most recent Preferred Dividend Payments figures were $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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 78.03 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 25.10 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 59.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 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 | -81.90 Mn |
| Sep 30, 2019 | 22.90 Mn |
| Jun 30, 2019 | 22.90 Mn |
| Mar 31, 2019 | 22.90 Mn |
| Dec 31, 2018 | 1.40 Mn |
| Sep 30, 2018 | 30.30 Mn |