Targa Resources (TRGP) Preferred Dividend Payments (2010 - 2024)

Targa Resources (TRGP) reported Preferred Dividend Payments of $2.3 million for 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.

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.

  • Preferred Dividend Payments for Q2 2024 came in at $2.3 million, down 36.11% year-over-year; the trailing twelve-month figure through Jun 2024 was $10.3 million (down 12.71% YoY), and the FY2022 annual result was $30.0 million, down 65.64% from the prior year.
  • Preferred Dividend Payments grew to $2.3 million in Q2 2024 per TRGP's latest filing, 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 $15.6 million and a median of $21.8 million in 2021 frame the typical range for Preferred Dividend Payments.
  • The sharpest annual moves came in 2020 and 2022: Preferred Dividend Payments changed 0.0% in 2020, then sank 62.39% in 2022.
  • A 5-year view of Preferred Dividend Payments shows it stood at $22.9 million in 2020, then dropped by 4.8% to $21.8 million in 2021, then slumped by 62.39% to $8.2 million in 2022, then plunged by 73.17% to $2.2 million in 2023, then grew by 4.55% to $2.3 million in 2024.
  • Business Quant data shows TRGP's Preferred Dividend Payments at $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 88.33 Bn 89.03 Bn 6.70 Bn 78.03 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -1.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -20.80 Mn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 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 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