Targa Resources Partners LP declares $0.7475 dividend


Targa Resources Partners LP (NGLS) declares $0.7475/share quarterly dividend, 2% increase from prior dividend of $0.7325.

Forward yield 5.9%

Payable Feb. 14; for shareholders of record Jan. 27; ex-div Jan 23.

This was corrected on 01/14/2014 at 07:47 PM.
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Comments (4)
  • yukoff
    , contributor
    Comments (18) | Send Message
     
    someone wasn't paying attention...
    14 Jan 2014, 06:28 PM Reply Like
  • Cash Flow Assets
    , contributor
    Comments (494) | Send Message
     
    Targa Resources Corp. announced today that its board of directors has declared a quarterly cash dividend of 60.75¢ per share, or $2.43 per common share on an annualized basis, for the fourth quarter 2013. The approved dividend represents increases of approximately 7% over the previous quarter's dividend and 33% over the dividend for the fourth quarter 2012. This cash dividend will be paid February 18, 2014 on all outstanding common shares to holders of record as of the close of business on January 27, 2014.

     

    NGLS: Targa Resources Partners LP announced today that the board of directors of its general partner has declared a quarterly cash distribution of 74.75¢ per common unit, or $2.99 per common unit on an annualized basis, for the fourth quarter 2013. The approved distribution represents an increase of approximately 2% over the previous quarter's distribution and 10% over the distribution for the fourth quarter 2012. This cash distribution will be paid February 14, 2014 on all outstanding common units to holders of record as of the close of business on January 27, 2014.
    14 Jan 2014, 06:35 PM Reply Like
  • Cash Flow Assets
    , contributor
    Comments (494) | Send Message
     
    It is increase, not decrease. NGLS is the partnership.
    14 Jan 2014, 06:37 PM Reply Like
  • barry johnston
    , contributor
    Comments (132) | Send Message
     
    Ajaydesal, thanks for the correction. Barry
    14 Jan 2014, 07:20 PM Reply Like
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