Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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