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-over-year from $3.6 million in Q3 2023, and up 4.55% quarter-over-quarter from $2.2 million in Q1 2024.
Analysis
Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024) Analysis & Trends
Targa Resources (TRGP) has reported Preferred Dividend Payments for 10 consecutive years, with $2.3 million the latest figure, recorded 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 69.35% decrease from a year earlier, with the FY2022 full-year figure at $51.8 million, down 40.66% from the prior year.
- Preferred Dividend Payments was $2.3 million for Q2 2024 at Targa Resources, up 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 $16.1 million and a median of $21.8 million in 2021 frame the typical range for Preferred Dividend Payments.
- Across the five-year window, Preferred Dividend Payments soared 1626.67% in 2020 and slumped 62.39% in 2022, its largest moves.
- Over 5 years, Preferred Dividend Payments stood at $22.9 million in 2020, then slipped by 4.8% to $21.8 million in 2021, then changed by 0.0% to $21.8 million in 2022, then sank by 89.91% to $2.2 million in 2023, then climbed by 4.55% to $2.3 million in 2024.
- The last three Preferred Dividend Payments figures came in at $2.3 million (Q2 2024), $2.2 million (Q1 2024), and $2.2 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 59.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 20.96 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | - |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 75.91 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -30.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic 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 |
| Dec 31, 2022 | 21.80 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 | -1.50 Mn |
| Sep 30, 2019 | 31.30 Mn |
| Jun 30, 2019 | 31.00 Mn |
| Mar 31, 2019 | 30.80 Mn |
| Dec 31, 2018 | 1.40 Mn |