Why Targa Resources, Inc. (TRGP) is a Great Dividend Stock Right Now

Based in Houston, Targa Resources, Inc. (TRGP) is in the Oils-Energy sector, and so far this year, shares have seen a price change of 53.81%. The company is paying out a dividend of $0.75 per share at the moment, with a dividend yield of 2.25% compared to the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry's yield of 6.29% and the S&P 500's yield of 1.57%. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more establishe ...