Targa Resources, Inc. ( TRGP ) will begin trading ex-dividend on April 30, 2019. A cash dividend payment of $0.91 per share is scheduled to be paid on May 15, 2019. Shareholders who purchased TRGP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that TRGP has paid the same dividend. At the current stock price of $40.62, the dividend yield is 8.96%.
The previous trading day's last sale of TRGP was $40.62, representing a -31.4% decrease from the 52 week high of $59.21 and a 21.07% increase over the 52 week low of $33.55.
TRGP is a part of the Public Utilities sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). TRGP's current earnings per share, an indicator of a company's profitability, is -$.52. Zacks Investment Research reports TRGP's forecasted earnings growth in 2019 as -303.89%, compared to an industry average of -3.2%.
Interested in gaining exposure to TRGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TRGP as a top-10 holding:
- Invesco S&P High Income Infrastructure ETF ( GHII )
- WisdomTree U.S. Dividend ex-Financials Fund ( DTN )
- WisdomTree U.S. MidCap Dividend Fund ( DON ).
The top-performing ETF of this group is DON with an increase of 5.27% over the last 100 days. GHII has the highest percent weighting of TRGP at 3.89%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.