Targa Resources Corp Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   USD per share 
 Price  36.02
 Dividend  3.64
 Earnings  -0.63
 Cash-flow  4.09
 Book value  24.01
 Equity  21.72

Targa Resources Corp is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Targa Resources Corp is a company from USA, and his stocks are publicly traded.

Targa Resources Corp paid a total dividend of 834 million USD last year, for a market value of 8,249 millions (Market Cap 8,114 millions). Dividend per share of Targa Resources Corp is 3.64 USD, and his stock market price 36.02 USD.

According to the chart below, where dividend yield is displayed, Targa Resources Corp has a dividend yield of 10.11%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Targa Resources Corp dividend yield with other Oil and Gas Producers companies or firms from USA.

Dividend yield of Targa Resources Corp

Targa Resources Corp Dividend Payout

About the ability of Targa Resources Corp to maintain his current dividend of USD 3.64 per share, an amount that accounts for 10.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Targa Resources Corp payout on ernings is currently -577.78%, which is lower than the market average and companies of Oil and Gas industry, which are 40.41% and 45.26% respectively. Both figures lead us to believe that there is confidence that Targa Resources Corpcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Targa Resources Corp is USD 4.09 per share, which is higher than the dividend per share paid by the company of USD 3.64, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Targa Resources Corp, compared againt world market average, USA companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Targa Resources Corp payout

Targa Resources Corp Stock performance

Finally, last moth Targa Resources Corp showed a return of -19.30% compared to a worldwide -5.60% average, and a -8.37% of Oil and Gas firms. Over the last year, the company obtained a -25.60% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for USA and Oil and Gas Producers firms.

Targa Resources Corp stock and market return

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