Targa Resources Partners LP ( NGLS ) will begin trading ex-dividend on July 25, 2013. A cash dividend payment of $0.715 per share is scheduled to be paid on August 14, 2013. Shareholders who purchased NGLS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.51% increase over the prior quarter. At the current stock price of $51.46, the dividend yield is 5.56%.
The previous trading day's last sale of NGLS was $51.46, representing a -4.93% decrease from the 52 week high of $54.13 and a 49.64% increase over the 52 week low of $34.39.
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 $.73. Zacks Investment Research reports NGLS's forecasted earnings growth in 2013 as -17.72%, compared to an industry average of -.2%.
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 8.74% over the last 100 days. It also has the highest percent weighting of NGLS at 1.14%.