Targa Resources, Inc. (TRGP) will begin trading ex-dividend on October 29, 2020. A cash dividend payment of $0.1 per share is scheduled to be paid on November 16, 2020. Shareholders who purchased TRGP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TRGP has paid the same dividend. At the current stock price of $16.35, the dividend yield is 2.45%.
The previous trading day's last sale of TRGP was $16.35, representing a -61.19% decrease from the 52 week high of $42.13 and a 346.72% increase over the 52 week low of $3.66.
TRGP is a part of the Public Utilities sector, which includes companies such as Enbridge Inc (ENB) and National Grid Transco, PLC (NGG). TRGP's current earnings per share, an indicator of a company's profitability, is -$8.35. Zacks Investment Research reports TRGP's forecasted earnings growth in 2020 as 266.67%, compared to an industry average of -7%.
Interested in gaining exposure to TRGP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TRGP as a top-10 holding:
- VanEck Vectors Energy Income ETF (EINC)
- WisdomTree U.S. MidCap Dividend Fund (DON).
The top-performing ETF of this group is DON with an decrease of -3.51% over the last 100 days. EINC has the highest percent weighting of TRGP at 4.83%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.