Targa Resources announced that its board of directors has declared an increase to its quarterly cash dividend to 75c per common share, or $3.00 per common share on an annualized basis, for the first quarter of 2024, consistent with previously disclosed expectations. This dividend represents a 50% increase over the common dividend declared with respect to the first quarter of 2023. This cash dividend will be paid May 15 on all outstanding common shares to holders of record as of the close of business on April 30.
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