Targa Resources, Inc. ( TRGP ) will begin trading ex-dividend on January 30, 2019. A cash dividend payment of $0.91 per share is scheduled to be paid on February 15, 2019. Shareholders who purchased TRGP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that TRGP has paid the same dividend.
The previous trading day's last sale of TRGP was $42.46, representing a -28.29% decrease from the 52 week high of $59.21 and a 26.56% 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 $1.13. Zacks Investment Research reports TRGP's forecasted earnings growth in 2018 as 129.65%, compared to an industry average of 13.8%.
Interested in gaining exposure to TRGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TRGP as a top-10 holding:
- Alerian Energy Infrastructure ETF ( ENFR )
- First Trust Dorsey Wright Momentum & Dividend ETF ( DDIV )
- 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 GHII with an decrease of -5.52% over the last 100 days. ENFR has the highest percent weighting of TRGP at 487%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.