TRGP · News · 20260806N
Capital Return Program
Targa Resources Corp. · 2026-08-06 · Importance 49 · Surprise 66 · In source text
Targa declared a quarterly cash dividend of $1.25 per common share for the second quarter of 2026. The dividend represented a 25% increase from the prior quarterly payout. Targa also repurchased $80 million of its shares during the quarter. The increased dividend and buyback reflected management’s confidence in the company’s fee-based midstream cash-flow profile.
Key facts
- Targa increased its quarterly common dividend by 25%. source
- Targa declared a quarterly cash dividend of $1.25 per common share for Q2 2026. source
- Targa repurchased shares worth $80 million during the quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | — | Targa declared a quarterly cash dividend of $1.25 per common share for Q2 2026. |