Dividend compounder review

TRGP

Targa Resources Inc · NYSE · US

Energy · Oil & Gas Midstream

Score81.00/100
Confidence100.00/100
DecisionReject
RatingHigh Quality Watchlist Candidate
Scoring

Quality breakdown

Dividend Reliability 18.0 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 12.0 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 23.0 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 13.0 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 15.0 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years15
Dividend Yield1.58%
Payout Ratio40.9%
Dividend Cut 5YYes
Net Income$1.9B
Free Cash Flow$584.1M
FCF Covers DividendNo
Debt / Equity5.85
P/E27.9
Revenue Growth 5Y15.7%
Net Margin12.9%
ROE74.1%
Price vs Trend22.9%
3Y Return316.6%
5Y Return567.0%
CurrencyUSD
Warnings

Review flags

Dividend cut or material annual decrease detected in the last five completed years.
Free cash flow does not cover dividends paid.
Debt to equity is elevated at 5.85.
Dividend diary

Activity record

TRGP dividend review warning Warning · Warning

Debt to equity is elevated at 5.85.

Dividend increased 25.0% Dividend Increase · Positive

Payment changed from 1 to 1.25.

TRGP dividend payment 1.25 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 1 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 1 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 1 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

Dividend increased 33.3% Dividend Increase · Positive

Payment changed from 0.75 to 1.

TRGP dividend payment 1 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.75 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.75 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.75 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

Dividend increased 50.0% Dividend Increase · Positive

Payment changed from 0.5 to 0.75.

TRGP dividend payment 0.75 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.5 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.5 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

TRGP dividend payment 0.5 USD Dividend Payment · Info

Recorded dividend payment for Targa Resources Inc.

Dividend increased 42.9% Dividend Increase · Positive

Payment changed from 0.35 to 0.5.

Dividend increased 250.0% Dividend Increase · Positive

Payment changed from 0.1 to 0.35.

Dividend cut -89.0% Dividend Cut · Negative

Payment changed from 0.91 to 0.1.