The company is one of the largest providers of natural gas and natural gas liquids in the U.S. It's considered a midstream company in the oil and gas industry, which involves the transportation, storage and wholesale marketing of crude oil and natural gas.
Targa Resources (TRGP) has one of the highest yields. It also has one of the healthier charts. Targa's latest quarterly dividend of 91 cents a share was paid on May 15. The annualized dividend of $3.64 a share gives it a lofty yield of 7.3%. Targa is in the middle of a sales turnaround that's been going on for several quarters in a row. After a period of declining sales in 2015-2016, mostly due to softness in the price of natural gas, sales growth has ramped up in recent quarters. In the past six quarters, year-over-year sales growth has ranged from 16% to 46%.
Source: investors.com
Related Articles:
- Should You Sell A Dividend Stock After A Dividend Cut?
- All Investing Involves Risk
- 4 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
- 10 Dividend Stocks With A 10% Yield In 10 Years
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
It operates in a great location. Florida has seen a material influx of residents in recent years as people look to move to a warmer climate ...
-
There’s a group of companies that have started catering specifically to retirees: monthly dividend stocks. Admittedly, the universe of month...
-
Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to re...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.