Targa Resources Partners LP (NYSE:NGLS.PA) declared a monthly dividend on Tuesday, June 18th, Wall Street Journal reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.1875 per share by the pipeline company on Monday, July 15th. This represents a $2.25 annualized dividend and a dividend yield of 8.35%. The ex-dividend date is Thursday, June 27th.

NGLS.PA stock traded down $0.09 during trading on Wednesday, hitting $26.93. The stock had a trading volume of 5,293 shares, compared to its average volume of 3,123,523. The company has a 50 day moving average price of $27.12. Targa Resources Partners has a 1-year low of $8.91 and a 1-year high of $47.71.

Targa Resources Partners Company Profile

Targa Resources Partners LP is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States with a presence in crude oil gathering and petroleum terminaling. The Company is engaged in the business of gathering, compressing, treating, processing and selling natural gas; storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to liquefied petroleum gas (LPG) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products.

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Dividend History for Targa Resources Partners (NYSE:NGLS.PA)

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