Targa Resources Corp.'s board declared a 25 percent increase in its first quarter 2026 common cash dividend to $1.25 per share, up from the prior year's level, resulting in an annualized payout of $5.00 per share. The dividend is payable on May 15, 2026, to holders of record as of April 30, 2026. Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America.