Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Targa Resources (TRGP) — Dividend Profile
Utilities·Natural Gas Distribution
11y payment streak4y growth streakActiveQuarterly
Forward Yield
1.89%
@ $264.09
TTM Yield
1.61%
Forward Annual
$5.00
Quarterly
Market Cap
$57.4b
Payout (FCF)
146%
0.7x covered
Payout (Earnings)
46%
Latest Amount
$1.2500
Ex 2026-04-30
3y CAGR
18.6%
5y CAGR
41.3%
10y CAGR
-1.9%
Next Ex-Date
Last recorded cut on or near 2020-04-30.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Yellow2 of 6 red flags · 2 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.76)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (76.6%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
6/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Danger
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
0.31×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
⚠ Fired
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
⚠ Fired
6m return < -25%
Current 6m return: +46.1%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 24 settled events.
Median Ex-Date Drop
0.24%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
96%
23 of 24 events recovered within 90 days
Median Recovery Time
4 days
2 – 7 days IQR
Avg Capture Yield
0.59%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (39)
Ex-DateAmountFrequencyPay DateType
2026-04-30$1.2500Quarterly2026-05-15recurring
2026-01-30$1.0000Quarterly2026-02-13recurring
2025-10-31$1.0000Quarterly2025-11-17recurring
2025-07-31$1.0000Quarterly2025-08-15recurring
2025-04-30$1.0000Quarterly2025-05-15recurring
2025-01-31$0.7500Quarterly2025-02-14recurring
2024-10-31$0.7500Quarterly2024-11-15recurring
2024-07-31$0.7500Quarterly2024-08-15recurring
2024-04-29$0.7500Quarterly2024-05-15recurring
2024-01-30$0.5000Quarterly2024-02-15recurring
2023-10-30$0.5000Quarterly2023-11-15recurring
2023-04-27$0.5000Quarterly2023-05-15recurring
2023-01-30$0.3500Quarterly2023-02-15recurring
2022-07-28$0.3500Quarterly2022-08-15recurring
2022-04-28$0.3500Quarterly2022-05-16recurring
2022-01-28$0.3500Quarterly2022-02-15recurring
2021-10-28$0.1000Quarterly2021-11-15recurring
2021-07-29$0.1000Quarterly2021-08-16recurring
2021-04-29$0.1000Quarterly2021-05-14recurring
2021-01-29$0.1000Quarterly2021-02-16recurring
2020-10-29$0.1000Quarterly2020-11-16recurring
2020-07-30$0.1000Quarterly2020-08-17recurring
2020-04-30$0.1000Quarterly2020-05-15recurring
2020-01-30$0.9100Quarterly2020-02-18recurring
2019-10-31$0.9100Quarterly2019-11-15recurring
2019-07-30$0.9100Quarterly2019-08-15recurring
2019-04-30$0.9100Quarterly2019-05-15recurring
2019-01-30$0.9100Quarterly2019-02-15recurring
2018-10-30$0.9100Quarterly2018-11-15recurring
2018-07-31$0.9100Quarterly2018-08-15recurring
2018-04-30$0.9100Quarterly2018-05-15recurring
2018-01-31$0.9100Quarterly2018-02-15recurring
2017-10-31$0.9100Quarterly2017-11-15recurring
2017-07-28$0.9100Quarterly2017-08-15recurring
2017-04-28$0.9100Quarterly2017-05-16recurring
2017-01-30$0.9100Quarterly2017-02-15recurring
2016-10-31$0.9100Quarterly2016-11-15recurring
2016-07-29$0.9100Quarterly2016-08-15recurring
2016-04-29$0.9100Quarterly2016-05-16recurring