Targa Resources Partners LP ( NGLS ) will begin trading ex-dividend on January 24, 2013. A cash dividend payment of $0.68 per share is scheduled to be paid on February 14, 2013. Shareholders who purchased NGLS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.64% increase over the prior quarter.
The previous trading day's last sale of NGLS was $39.75, representing a -12.48% decrease from the 52 week high of $45.42 and a 21.63% 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 $1.81. Zacks Investment Research reports NGLS's forecasted earnings growth in 2012 as -34.99%, compared to an industry average of 4.5%.
For more information on the declaration, record and payment dates, visit the NGLS Dividend History page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.