Targa Resources (TRGP) Declares $1.00 Dividend, Plans Increase to $1.25 in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
0mins
Source: seekingalpha
- Quarterly Dividend Declaration: Targa Resources has declared a quarterly dividend of $1.00 per share, consistent with previous distributions, payable on February 13, 2026, indicating the company's stable cash flow and commitment to shareholder returns.
- Future Dividend Growth Plan: The company intends to recommend an increase in its common dividend to $1.25 per share for the first quarter of 2026, which would annualize to $5.00, reflecting confidence in future profitability if approved for payment in May 2026.
- Shareholder Record Date: The record date for this dividend is set for January 30, 2026, with an ex-dividend date also on January 30, ensuring existing shareholders benefit from the upcoming payment and bolstering investor confidence.
- Acquisition Context: Targa Resources is also planning to acquire Stakeholder Midstream, a gas gathering firm in the Permian Basin, for $1.25 billion, which will further enhance its competitive position and business expansion capabilities in the market.
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Analyst Views on TRGP
Wall Street analysts forecast TRGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRGP is 208.09 USD with a low forecast of 188.00 USD and a high forecast of 261.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 201.130
Low
188.00
Averages
208.09
High
261.00
Current: 201.130
Low
188.00
Averages
208.09
High
261.00
About TRGP
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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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