Targa Resources Corp. provided dividend guidance for the first quarter and full year 2026. for the quarter, the company intends to recommend to Targa?s Board of Directors an increase to its common dividend to $1.25 per common share. The recommended common dividend per share increase, if approved, would be effective for the first quarter of 2026 and payable in May 2026.
for the year, company intends to recommend to Targa?s Board of Directors dividend of $5.00 per common share.
Targa Resources Corp. is a provider of midstream services in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure assets and delivers energy across the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, and purchasing and selling natural gas; transporting, storing, fractionating, treating, and purchasing and selling natural gas liquids (NGLs) and NGL products, including services to liquefied petroleum gas (LPG) exporters; and gathering, storing, terminaling, and purchasing and selling crude oil. Its segments are Gathering and Processing, and Logistics and Transportation. Gathering and Processing segment includes assets used in the gathering and/or purchase and sale of natural gas produced from oil and gas wells. Logistics and Transportation segment includes the activities and assets necessary to convert mixed NGLs into NGL products.
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