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% sequentially from $2.2 million in Q1 2024.

Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024) Analysis & Trends

Targa Resources' Preferred Dividend Payments history runs 10 years deep, the most recent figure standing at $2.3 million for Q2 2024.

  • In Q2 2024, Preferred Dividend Payments fell 36.11% year-over-year to $2.3 million; the TTM figure through Jun 2024 stood at $10.3 million (down 12.71% YoY), while the FY2022 annual figure was $30.0 million, down 65.64% from the prior year.
  • Preferred Dividend Payments came in at $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.
  • The 5-year median for Preferred Dividend Payments is $21.8 million (2021), against an average of $15.6 million.
  • The widest annual swing landed in 2020, when Preferred Dividend Payments changed 0.0%; it then slumped 62.39% in 2022.
  • A 5-year view of Preferred Dividend Payments shows it stood at $22.9 million in 2020, then declined 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 increased 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 78.03 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn -1.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn -
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 68.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn -

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
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