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
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 -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