Targa Resources Partners LP (NGLS) Ex-Dividend Date Scheduled for April 25, 2013


Targa Resources Partners LP ( NGLS ) will begin trading ex-dividend on April 25, 2013. A cash dividend payment of $0.6975 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased NGLS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.57% increase over the prior quarter. At the current stock price of $48.56, the dividend yield is 5.75%.

The previous trading day's last sale of NGLS was $48.56, representing a -1.38% decrease from the 52 week high of $49.24 and a 48.59% increase over the 52 week low of $32.68.

NGLS is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). NGLS's current earnings per share, an indicator of a company's profitability, is $1.2. Zacks Investment Research reports NGLS's forecasted earnings growth in 2013 as -13.96%, compared to an industry average of .5%.

For more information on the declaration, record and payment dates, visit the NGLS Dividend History page.

Interested in gaining exposure to NGLS through an Exchange Traded Fund [ETF]?
The following ETF(s) have NGLS as a top-10 holding:

  • Guggenheim Defensive Equity ETF ( DEF ).

The top-performing ETF of this group is DEF with an increase of 13.95% over the last 100 days. It also has the highest percent weighting of NGLS at 1.09%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , Stocks

Referenced Stocks: DEF , EPD , NGG , NGLS

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