Targa Resources, Inc. (NYSE:TRGP) Updates On Dividend Release Date


On 2016-07-20, Targa Resources, Inc. (NYSE:TRGP) confirmed the dividend disbursement of $0.91 a share to shareholders as on record 2016-08-02. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-07-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Targa Resources, Inc. (NYSE:TRGP) paid a total of $0.91 per share in dividends. This figure stood at $0.91 a share in the same period a year ago indicating a deviation of 26.6106%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $44.363 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $69 and $32, respectively.

Taking the mathematical rating formula, the price for Targa Resources, Inc. (NYSE:TRGP) stands at 2.54. Earnings Review Targa Resources, Inc. (NYSE:TRGP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.03.

Coming to the quarter ending on 2015-12-31, Targa Resources, Inc. (NYSE:TRGP) recorded EPS of $-0.33. The reported numbers came lower than the analysts’ estimates of $-0.07, demonstrating a miss of $-0.26 as against reported figures.

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